re: Ann: Phylogica Limited Share Placement ra... I agree ST -
i do think it was a relatively bad choice & unneccesary move at this point when cash in place not including any future revenue that may be achieved was sufficent to carry the company through into 3rd quarter & allow it to minimise dilution by raising at a higher level.
I still have no idea why they issued 1/2 free attatching options when the placement was put forward at a discount to market price. No wonder it was heavily oversubscribed but management should of really toughened their stance a bit on what they where offering.
Ann: Phylogica Limited Share Placement raises $5., page-6
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Last
$1.29 |
Change
-0.010(0.77%) |
Mkt cap ! $755.3M | |||
| Open | High | Low | Value | Volume |
| $1.31 | $1.31 | $1.28 | $11.35K | 8.753K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 3385 | $1.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.31 | 4197 | 2 |
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| Last trade - 10.24am 28/07/2025 (20 minute delay) ? |
| PYC (ASX) Chart |