That is a poorly disclosed placement (no mention of cost of the raise anywhere?). It states 3.7mil shares issued for $185k @ at an issue price of 5c each. But it doesn't disclose there is also a fee attached of an additional issuance of 700k shares for these funds (re: the application for quotation announcement also released). So the real dilution cost of this raise is actually 4.4mil of shares issued for $185k in cash.... or the shares have been issued at a cost of 4.2c for each share (not 5c as the release states). So to get $185k in cash the company has given a ~20% discount.
This is a very basic disclosure statement that I would expect ASIC to require of every ASX listed company as part of any cap raise announcement.
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- Ann: Private Placement to Institutional investor
MKR
manuka resources ltd.
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4.5¢

Ann: Private Placement to Institutional investor, page-2
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Last
4.5¢ |
Change
0.002(4.65%) |
Mkt cap ! $37.51M |
Open | High | Low | Value | Volume |
4.5¢ | 4.5¢ | 4.4¢ | $21.15K | 476.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5515 | 4.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.7¢ | 2000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5515 | 0.044 |
2 | 117419 | 0.043 |
2 | 25000 | 0.042 |
4 | 236914 | 0.041 |
7 | 685249 | 0.040 |
Price($) | Vol. | No. |
---|---|---|
0.047 | 2000 | 1 |
0.049 | 475887 | 1 |
0.050 | 550000 | 2 |
0.051 | 77777 | 1 |
0.053 | 900 | 1 |
Last trade - 15.55pm 07/08/2025 (20 minute delay) ? |
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MKR (ASX) Chart |