I see it as a big positive.1. Raise done at a premium unlike...

  1. 37 Posts.
    lightbulb Created with Sketch. 2
    I see it as a big positive.
    1. Raise done at a premium unlike previous raises and it is a strategic invsstment not just random capital raise.
    2. The options are only due if they generate sales with minimum profit targets..within a 12month period
    3. The exercising price for the options are more than double now.. at 0.05c .so if they want to exercise that means share price has gone up considerably and also we get $1.5m

    all round happy with the raise.. if they hit all targets..we will have excess of 50m sales revenue within nexy 12months..
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
0.4¢
Change
0.000(0.00%)
Mkt cap ! $6.371M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
4 2342247 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 4650000 7
View Market Depth
Last trade - 16.21pm 30/06/2025 (20 minute delay) ?
RLG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.