Dear Coby, you need to raise $55.0M (though the $6.0M on marketing, is this 100% crucial right now, given we do have significant working capital etc?), so anyway why don't you accept all applications from existing holders up to a certain date, then as this placement is 100% underwritten, simply draw the remaining from the brokers. Not a cent more.
Clearly, you wont get anywhere near $55.0M from existing holders - but it would be nice to know that all shareholders applications are fully matched (does $30k need to max btw.....?), and the broker houses need to sit tight to ensure they get their share they are counting on (or should I say, already counted in).
There again, what defines a shareholder I wonder.....
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Last
$2.51 |
Change
0.030(1.21%) |
Mkt cap ! $474.1M |
Open | High | Low | Value | Volume |
$2.52 | $2.58 | $2.50 | $1.029M | 404.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1855 | $2.51 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.54 | 614 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1855 | 2.510 |
5 | 11900 | 2.500 |
1 | 5000 | 2.490 |
3 | 17272 | 2.480 |
1 | 8130 | 2.460 |
Price($) | Vol. | No. |
---|---|---|
2.540 | 614 | 1 |
2.550 | 10483 | 1 |
2.560 | 564 | 1 |
2.590 | 25003 | 3 |
2.600 | 15497 | 7 |
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