When the placement fee (7%) is factored in the effective price ( .93 * .04) is a tad over .037. Also a few options involved as part of the placement fee as well.
All in all the quantum raised at not to bad an effective price at this point in time is very encouraging.
DYOR IMO Etc
Ann: Agreement for A$11m Placement-88E.AX, page-10
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Last
0.2¢ |
Change
-0.001(25.0%) |
Mkt cap ! $43.40M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $46.48K | 23.26M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 474 | 1305395133 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 23140122 | 3 |
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| Last trade - 15.57pm 17/09/2024 (20 minute delay) ? |
| 88E (ASX) Chart |