Considering how tight the shares are held and how difficult it would be to get say 5 million shares without impacting the SP much a CR would certainly be successful at a significant premium to current SP.
Money raised this way would certainly accelerate any planned production and I would welcome it, providing that the CR is at a premium. There is no reason that I can see why you would offer at a discount.
Anyway this is pure speculation and likely not to happen. Such a good company this one.
investor roadshow, page-45
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Last
51.5¢ |
Change
0.025(5.10%) |
Mkt cap ! $266.4M | |||
| Open | High | Low | Value | Volume |
| 50.5¢ | 51.5¢ | 49.0¢ | $291.5K | 577.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 61469 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.5¢ | 104999 | 2 |
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| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| VYS (ASX) Chart |