Holy dilution! WTF???
Assuming a stable MC of $143M that means with an additional 243,750,000 shares that equates to a SP of roughly 14 cents!!!
Clearly the Board did not give a shit about existing shareholders being massively diluted.
I will remember that fact when I attend the AGM next month and introduce myself to the directors and personally make their acquaintance.
Ann: Empire Completes $46.8 Million Capital Raise, page-12
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Mkt cap ! $254.2M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 25.0¢ | 23.0¢ | $284.2K | 1.176M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 2041 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 25.0¢ | 270513 | 5 |
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| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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| Last updated 15.49pm 14/06/2024 ? | |||||
| EEG (ASX) Chart |