Finally .... The Cap Raise! They should have raised when they were around 3c!!!
Expect they will have to provide some signif discount if Sophisticated/institutional folks interested...
My guess is say... 1.3 or 1.2c.
I feel for all those folks who have hung on for the last several months only to be punished some more with this latest dilution. I don't understand the logic in waiting for the stock to fall to its lowest ebb for some time and then to raise ...???
Ann: Trading Halt , page-10
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Last
0.5¢ |
Change
0.001(25.0%) |
Mkt cap ! $27.11M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $1.669K | 386.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 16263250 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 72456624 | 115 |
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| Last trade - 15.57pm 28/06/2024 (20 minute delay) ? |
| ROG (ASX) Chart |