What a shemozzle this capital raising is....share price shows how poor the OPT leadership team has run this.
There will be more than 560 million new shares issued - see the prospectus (section 4.4 on page 45).
Most of these will be on the market for months and months.
Share price now $0.36, more than 50% less of what it was recently ....very poor outcome for existing shareholders.
What a shemozzle this capital raising is....share price shows...
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Last
35.5¢ |
Change
-0.005(1.39%) |
Mkt cap ! $387.4M | |||
| Open | High | Low | Value | Volume |
| 36.0¢ | 36.0¢ | 35.5¢ | $632.4K | 1.766M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 361309 | 35.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.0¢ | 38071 | 1 |
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| OPT (ASX) Chart |