People also forget that the price of one share was $2.34 in 2022.
Interesting how the rose coloured glasses makes the cult blind.
I can understand the rationale of merz statement - just means more dilution, with heaps of shares given away for free to the employees (some of them now ''EX'') and capital raising to the tune of 4 in 6 months.
The key word you are looking for is DILUTION.
Ann: A$25million Equity Capital Raise, page-148
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Last
30.0¢ |
Change
-0.010(3.23%) |
Mkt cap ! $588.7M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 32.5¢ | 29.5¢ | $6.716M | 21.83M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 349102 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 959584 | 29 |
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| BRN (ASX) Chart |