Yes, they get the funds - But at a cost.
The company will pay underwriting costs, together with the CR admin costs.
Net result will be 4/5ths of sweet FA.
Certainly not enough to keep paying R&D, manufacture, sales and admin/board salaries for very long.
This goose is cooked.
Ann: Results of Entitlement Offer to Raise $2.21m, page-7
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ICR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.528M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 67521 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 50000 | 1 |
View Market Depth
| Last trade - 16.12pm 26/07/2024 (20 minute delay) ? |
| ICR (ASX) Chart |
Day chart unavailable