While they said 'long term', for a placement of shares the shareholder would have to have been what is called a sophisticated investor. A sophisticated investor needs to be certificated as such by an accountant and have income of at least $250K pa for the past 2 years or net assets of at least $2.5m. A company is able to place shares with sophisticated investors without the need for a prospectus.
While they said 'long term', for a placement of shares the...
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Last
1.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.90M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 2.1¢ | 1.9¢ | $156.6K | 8.016M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 1392053 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 1950500 | 2 |
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| Last trade - 11.51am 15/08/2024 (20 minute delay) ? |
| ADO (ASX) Chart |