Raise needed yes.That size discount to such a world class asset - definite no.
Could have done the MRE then raised the same money for many less shares.
Dilution always happens - the unnecessary degree of which is the issue.
Having said that we don't know what pressures were brought to bear within the 'chairman's list'.
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Last
11.5¢ |
Change
0.005(4.55%) |
Mkt cap ! $132.5M |
Open | High | Low | Value | Volume |
11.3¢ | 11.5¢ | 11.0¢ | $48.36K | 433.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 348169 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.5¢ | 147071 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 348169 | 0.110 |
13 | 755051 | 0.105 |
14 | 650325 | 0.100 |
2 | 140404 | 0.099 |
1 | 100000 | 0.095 |
Price($) | Vol. | No. |
---|---|---|
0.115 | 147071 | 2 |
0.120 | 216109 | 6 |
0.125 | 65000 | 1 |
0.130 | 102294 | 4 |
0.135 | 44983 | 1 |
Last trade - 14.51pm 22/07/2024 (20 minute delay) ? |
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LIN (ASX) Chart |