There is no way the Independent Expert Report deems this capital raising fair or reasonable and therefore it will not happen!
So I would think the company might want to resurrect the Options so they can raise some more funds to keep paying their wages for the next 10 years!
Ann: $33.5m Placement and Strategic Repositioning, page-187
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Last
26.0¢ |
Change
0.020(8.33%) |
Mkt cap ! $131.9M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 26.0¢ | 24.0¢ | $279.4K | 1.086M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2740 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 3769 | 1 |
View Market Depth
| Last trade - 15.48pm 14/06/2024 (20 minute delay) ? |
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Last
26.0¢ |
Change
0.020 ( 10.6 %) |
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| Open | High | Low | Volume | ||
| 24.5¢ | 26.0¢ | 24.0¢ | 72365 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| AKM (ASX) Chart |