This is a great move. It provides certainty of funding through negotiations and removes the company’s exposure to fluctuations in the share price. We have a much more powerful position at the negotiation table when we’re not concerned about our ability to pay operating costs. A 4.5% fee is a pittance in the scheme of things
Ann: AnteoTech Secures $3.76M Option Underwriting Agreement, page-14
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Last
2.1¢ |
Change
-0.001(3.67%) |
Mkt cap ! $52.28M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.3¢ | 2.1¢ | $7.812K | 349.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 828094 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 1102151 | 4 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| ADO (ASX) Chart |