Shares on issue has increased by 52%, while the project's future earnings has not changed. So future earnings per share is now 52% lower. In my view this is a massive dilution.
Consolidation does nothing - number of shares on issue goes down while the share price goes up in the same proportion.
Ann: Ausgold raises $38M to accelerate development of the KGP, page-26
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Last
49.5¢ |
Change
0.030(6.45%) |
Mkt cap ! $176.3M | |||
| Open | High | Low | Value | Volume |
| 46.5¢ | 49.5¢ | 46.5¢ | $360.6K | 763.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 18130 | 47.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 2500 | 1 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| AUC (ASX) Chart |