that's right Ryzie. it's also possible other parties want to get in on the cap raise and the board may be considering a higher cap raise amount. the fact IOUs first response stated they had nothing to disclose and then less than 24 hours later they call a trading halt for a cap raise will raise some eyebrows at the asx. having read their second response the approach was unsolicited, so there is a strong argument that they had nothing to disclose at the time of the first response.
that's right Ryzie. it's also possible other parties...
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Last
1.5¢ |
Change
-0.001(6.25%) |
Mkt cap ! $17.03M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.6¢ | 1.5¢ | $13.42K | 894.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 2246065 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 1089401 | 6 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| OVT (ASX) Chart |