Raise isn't fully underwritten bro so it could end up being pulled. Which will likely happen the the SP drifts below the proposed CR price.
They didn't need to offer a discount. raise close to the current SP with low strike oppies and they'd be able to get like 40% of the CR $ they were after
Ann: Entitlement offer to raise up to $7.62 million, page-8
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Last
14.0¢ |
Change
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Mkt cap ! $56.98M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 14.5¢ | 13.5¢ | $42.84K | 307.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 136456 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 60613 | 3 |
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| RXL (ASX) Chart |