These raises are just annoying for existing holders. $26M raised for specific individuals and a paltry $1M for existing shareholders. With a maximum limit of $30 000 for a shareholder if there are some 33 shareholders who do the maximum, then the maximum is achieved.
I simply can't understand why they don't do a pre-issue enquiry. i.e. if we were to offer shares at $0.14, how many shares would you consider buying?
Anyway, I will do some form of participation, but not happy to see share value diluted for inadequate reason.
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Last
29.5¢ |
Change
-0.010(3.28%) |
Mkt cap ! $220.3M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 31.0¢ | 29.0¢ | $312.8K | 1.051M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17241 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 253300 | 4 |
View Market Depth
| Last trade - 16.10pm 29/07/2025 (20 minute delay) ? |
| RXL (ASX) Chart |