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
20.0¢ |
Change
0.005(2.56%) |
Mkt cap ! $101.5M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.5¢ | 19.0¢ | $59.79K | 298.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 61052 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 222000 | 4 |
View Market Depth
| Last trade - 14.28pm 30/04/2024 (20 minute delay) ? |
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Last
20.0¢ |
Change
0.005 ( 3.90 %) |
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| Open | High | Low | Volume | ||
| 19.5¢ | 20.3¢ | 19.0¢ | 117808 | ||
| Last updated 15.21pm 30/04/2024 ? | |||||
| AKM (ASX) Chart |