Why release the LOI after entitlement period ends? If was before could have benefited all existing shareholder's with a temporary pump to get more parties interested in taking up there rights.
So who benefits here? Maybe a certain board member prince who now may get a pump after receiving full allocation of $5mill of underwriting, plus 6% underwriting fee?
Im looking for a reason to reenter, but im starting to think im safer not watching this anymore, in case im sucked in to hitting the buy button again.
Why release the LOI after entitlement period ends? If was before...
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Last
4.6¢ |
Change
-0.002(4.17%) |
Mkt cap ! $89.05M | |||
| Open | High | Low | Value | Volume |
| 4.7¢ | 4.8¢ | 4.6¢ | $43.23K | 919.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 892188 | 4.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.8¢ | 225151 | 6 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| ATC (ASX) Chart |