Rupert
You seem confident that the shortfall($1m?)will be over subscribed, which is nice to hear if it works out that way.
I was of the opinion that better than 50% would be a reasonable result in this cash strapped environment.
However, as you point out, I guess most of the shortfall will be filled by funds generated by exisitng shareholders selling ESI to position themselves for the shortfall rather than "new" cash. Therefore, a win/win for esi and those shareholers (and vicariously, rest of the shareholders).
Is this a fair assumption?
tbedon
RupertYou seem confident that the shortfall($1m?)will be over...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ECT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.4¢ |
Change
0.001(16.7%) |
Mkt cap ! $11.10M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.4¢ | 0.3¢ | $1.515K | 504.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 43 | 13357839 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 11826592 | 27 |
View Market Depth
| Last trade - 15.57pm 28/06/2024 (20 minute delay) ? |
| ECT (ASX) Chart |