Not to be dismissive, but those comments are not uncommon and is IMO just "smoke and mirrors".
The good thing discount pretty minimal and shores up balance sheet.
The bad thing, nothing in it for retail holders
GLTA
Ann: Life360 completes A$50M placement, page-4
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Last
$15.87 |
Change
-0.500(3.05%) |
Mkt cap ! $3.529B | |||
| Open | High | Low | Value | Volume |
| $16.00 | $16.28 | $15.72 | $13.82M | 869.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3621 | $15.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.95 | 2000 | 1 |
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| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| 360 (ASX) Chart |