"They raised 1 million cos that's all they could raise IMO...if...

  1. 5,712 Posts.
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    "They raised 1 million cos that's all they could raise IMO...if you could, why not raise 5 or 8 million? ( never mind the dilution)"

    Because only a certain amount of shares can be issued at any one time without shareholder approval.

    Was there shareholder approval?

    What has the company done to mitigate this problem?

    https://hotcopper.com.au/data/attachments/4814/4814511-46e81bb5478f8a635ed1c55074919e90.jpg
    ASX Listing Rules Chapter 7 - Changes in capital and new issues

    Why have you missed the 50 questions from Friday?

    WAY 2 VAT LTD. (ASX:W2V) - 2022 W2V general discussion, 64595599, page-672 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

    Trying to get your credibility back hey? I'm calling you out again tomorrow champ. You don't have a clue!
 
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0.8¢
Change
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Mkt cap ! $11.30M
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0.7¢ 0.8¢ 0.7¢ $9.135K 1.295M

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No. Vol. Price($)
14 6341067 0.6¢
 

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Price($) Vol. No.
0.8¢ 1925007 5
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