It really depends on how much is needed to finish off the phase III and what a realistic royalty % is. If a realistic percentage is 20% and we needed 100m to finish off the trial, a raise of $100m @ 20c would blow the shares on issue out by more than double, making a raise actually worse of than accepting half of the royalty.
Whatever happens, it just needs to be in the best interests of shareholders.
Capital Raise, page-13
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PAR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
28.5¢ |
Change
0.005(1.79%) |
Mkt cap ! $97.94M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 29.5¢ | 28.0¢ | $58.67K | 207.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 95097 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 3177 | 3 |
View Market Depth
| Last trade - 14.18pm 03/07/2024 (20 minute delay) ? |
| PAR (ASX) Chart |