Disappointed in this CR.
Up until now they have claimed to have seen no need for further raises and claiming to have sight of being cash flow positive.
Now they raise at half the IPO with attaching option at the IPO price. They claim to have achieved break even EBITDA all ready so if they only need $2.5m (less the undisclosed costs) to become cash flow positive. Why the hell didn't they raise the funds through a SPP? That would have been a far less painful, allowing small shareholders (like myself) to avoid dilution should they choose. Showing some respect for those of us who have been in this for the long haul.
My previous confidence in ATV has been @ 100%, this raise has changed that to about 70% for me. In other words a total "kick in the guts" from my point of view!
- Forums
- ASX - By Stock
- ATV
- Ann: ATV Completion of Share Placement
Ann: ATV Completion of Share Placement, page-2
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ATV (ASX) to my watchlist
(20min delay)
|
|||||
Last
7.1¢ |
Change
-0.005(6.58%) |
Mkt cap ! $22.57M |
Open | High | Low | Value | Volume |
7.0¢ | 7.1¢ | 7.0¢ | $2.5K | 35.50K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 95115 | 6.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.0¢ | 50000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 95115 | 0.066 |
2 | 8076 | 0.065 |
1 | 16000 | 0.060 |
1 | 8000 | 0.055 |
1 | 20000 | 0.052 |
Price($) | Vol. | No. |
---|---|---|
0.070 | 50000 | 1 |
0.074 | 33572 | 1 |
0.080 | 50000 | 1 |
0.090 | 50000 | 1 |
0.098 | 50000 | 1 |
Last trade - 12.21pm 02/08/2024 (20 minute delay) ? |
Featured News
TG1
TechGen Metals kicks off airborne geophys survey at Sally Downs copper play – a first for the permit
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
ATV (ASX) Chart |