The 25% capital raising (as mentioned in the AGM announcement) is probably necessary and indicative of managements confidence factor of having enough money to keep functioning through profits. I am assuming that there is a number of new shareholders in AJX over the last 6 - 9 months and perhaps they may be keen to participate. Further dilution for existing holders it seems and may add some hindrance on achieving a significantly higher share price. I am sure it will be passed at the meeting.
GLTAH
The 25% capital raising (as mentioned in the AGM announcement)...
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1.1¢ |
Change
0.001(4.76%) |
Mkt cap ! $17.18M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $7.162K | 665.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 5964452 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 176887 | 4 |
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