JaD apologies for any frustrations from my side
Can I ask you to consider a real possibility this raise at such a low price has a very distinct “urgent” purpose for which good will come from it. If not then surely there are rules in the ASX world to prevent Companies money grabbing like this without good reason.
Obviously there’s the “keeping the lights on” scenario however in this instance I can’t help but feel it’s for a significant purpose.
I’ve already suggested in earlier post it’s to facilitate JV with Repkon.
Would love to know if Repkon took their full Retail EntitlementIf which would give them 98.35m shares meaning approximately 10% in the total shares on issue.
If am wrong and in 3 months they are well and truly in the toilet then yes you been right all along however personally I’m hanging in there a bit longer.
Ann: Completion of Retail Entitlement Offer, page-12
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Last
18.5¢ |
Change
0.020(12.1%) |
Mkt cap ! $187.0M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 18.5¢ | 14.8¢ | $2.390M | 15.13M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8651 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 457540 | 6 |
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