This cap raise has absolutely shafted existing SH’s, OK they need to keep the doors open but to accept 100% over subscriptions with the associated oppies is treating existing SH with contempt; it virtually gives SI’s a free reign to stag the SP with no fear at all.
Come on Nasty G, tell us how great this CR is and then justify that it so great because it gives management another couple of years at the trough.
I’m really intrigued now whether retail holders will have their allocation raised to $2.5m.
Bring on the 20:1 consolidation in 2026.
This cap raise has absolutely shafted existing SH’s, OK they...
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Last
2.1¢ |
Change
-0.001(4.55%) |
Mkt cap ! $50.57M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.3¢ | 2.1¢ | $38.09K | 1.731M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 1505316 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 676543 | 1 |
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| Last trade - 15.57pm 03/05/2024 (20 minute delay) ? |
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Last
2.2¢ |
Change
-0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 2.2¢ | 2.3¢ | 2.2¢ | 764931 | ||
| Last updated 15.55pm 03/05/2024 ? | |||||
| ADO (ASX) Chart |