No-one has said it’s a catastrophe or disaster, that’s just you being dramatic (again).
Any normal person would consider (potential) ~20% shareholder dilution accompanied by a ~20-30% share price fall as a bad thing mate. It’s categorised as a risk for a reason. It’s worse when a raise is conducted to complete a task that was meant to be fully funded by the last cap raise. It negatively affects shareholder value for no material gain.
Arguing or trying to minimise it is a bit desperate. If you need a reminder of how difficult funds are to raise right now, or how destructive a cap raise can be, go have a look at LKE’s share price after their recent cap raise.
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Last
3.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $49.50M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | 3.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.3¢ | 150000 | 1 |
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| Last trade - 16.30pm 04/07/2025 (20 minute delay) ? |
| AGY (ASX) Chart |
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