And why is the SPP portion of extra capital necessary when they already had $2.3 million the bank from last quarter and this week raised another $2.5 million via placement. Any unnecessary dilution to shareholders is not beneficial. Just take a look at PKO when the board approved all oversubscriptions from SPP applicants. Caused a major sell off and now their share price is trading at close to all time lows. Let's wait for the upcoming EGM and see if advisors associated with this raise , as well as the SCL board members, seek incentive free options or further performance rights. Odds are very high.
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Last
46.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.71M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 465000 | 46.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
46.5¢ | 200000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 465000 | 0.465 |
9 | 1439904 | 0.460 |
4 | 380237 | 0.455 |
1 | 221783 | 0.450 |
1 | 25000 | 0.425 |
Price($) | Vol. | No. |
---|---|---|
0.465 | 200000 | 1 |
0.470 | 100000 | 3 |
0.485 | 57636 | 2 |
0.500 | 3505 | 1 |
0.000 | 0 | 0 |
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