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
21.5¢ |
Change
0.005(2.38%) |
Mkt cap ! $106.6M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 21.5¢ | 21.0¢ | $9.1K | 42.36K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 319067 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 39247 | 2 |
View Market Depth
| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
21.5¢ |
Change
0.005 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 22.0¢ | 22.0¢ | 21.0¢ | 69584 | ||
| Last updated 15.59pm 21/05/2024 ? | |||||
| AKM (ASX) Chart |