Guys
do avoid dilution one needs to participate in the rights issue
if the stock goes back to 2.5c on successful Odin results that is a 150% on rights issue price. Although dilution is big , it also allows the asset to be realised
I will be aiming to participate in placement which I imagine will be scaled back and adding more on market. The raising can really increase revenue and cash flow .
it’s not doubt a crappy outcome for existing shareholders but less crappy if one takes up rights
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Last
0.6¢ |
Change
0.001(20.0%) |
Mkt cap ! $12.52M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.6¢ | 0.5¢ | $25.21K | 4.218M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 3793179 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 5782139 | 12 |
View Market Depth
| Last trade - 15.36pm 31/07/2025 (20 minute delay) ? |
| VEN (ASX) Chart |