Resolution 12 applies where they are asking for the capacity to raise an additional 10% within 12 months without needing a shareholders vote. This is on top of the 15% they can raise under the rules now. I don't think that is massive dilution. I assume there will be further information before 15 November.
Resolution 12 applies where they are asking for the capacity to...
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Last
2.6¢ |
Change
-0.001(3.70%) |
Mkt cap ! $26.42M | |||
| Open | High | Low | Value | Volume |
| 2.6¢ | 2.7¢ | 2.6¢ | $2.273K | 84.31K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 398552 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.8¢ | 1138191 | 4 |
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| HIO (ASX) Chart |