The dilution will more than double the shares on issue.
Here is the explanation of what will happen:
Total number of shares after rights issue: 200m (current) + 220m (full raise) = 420m
Share price: 0.5c
Market cap: 2.1m (assuming 0.5c share price)
Cash: 1.3m*
*assuming 238k outflow for quarter and 70k expense on the raise
Enterprise value: 0.8m
The dilution will more than double the shares on issue. Here is...
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MTH (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $13.84M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.5¢ | 13.0¢ | $33.80K | 247.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19999 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 20100 | 3 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| MTH (ASX) Chart |