"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?
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!
"They raised 1 million cos that's all they could raise IMO...if...
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Last
1.3¢ |
Change
-0.002(13.3%) |
Mkt cap ! $11.36M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.3¢ | $68.07K | 5.186M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 183285 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 471428 | 2 |
View Market Depth
| Last trade - 15.39pm 03/05/2024 (20 minute delay) ? |
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Last
1.3¢ |
Change
-0.002 ( 7.14 %) |
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| Open | High | Low | Volume | ||
| 1.4¢ | 1.4¢ | 1.3¢ | 1603459 | ||
| Last updated 14.43pm 03/05/2024 ? | |||||
| W2V (ASX) Chart |