People also forget that the price of one share was $2.34 in 2022.
Interesting how the rose coloured glasses makes the cult blind.
I can understand the rationale of merz statement - just means more dilution, with heaps of shares given away for free to the employees (some of them now ''EX'') and capital raising to the tune of 4 in 6 months.
The key word you are looking for is DILUTION.
Ann: A$25million Equity Capital Raise, page-148
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Last
26.5¢ |
Change
-0.015(5.36%) |
Mkt cap ! $522.7M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 28.5¢ | 26.0¢ | $4.339M | 16.23M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 565362 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 386118 | 6 |
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| BRN (ASX) Chart |