My previous estimates which I have been sharing for months had an allowance for additional dilution of about 9,000,000 shares over and above the fully-diluted share issue.
This raise if fully-subscribed will use up all of that buffer.
I think what has been established with the proposed plans will increase the probability of a transaction.
The upside is far greater than than it was prior to the strategy update (more than offsets the dilution).
Ann: AGM Presentations, page-66
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Last
$1.52 |
Change
0.030(2.01%) |
Mkt cap ! $254.2M | |||
| Open | High | Low | Value | Volume |
| $1.51 | $1.53 | $1.48 | $141.7K | 94.55K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 427 | $1.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.52 | 2999 | 2 |
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| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
$1.51 |
Change
0.030 ( 0.85 %) |
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| Open | High | Low | Volume | ||
| $1.52 | $1.53 | $1.48 | 13236 | ||
| Last updated 15.53pm 21/05/2024 ? | |||||
| RAC (ASX) Chart |