Looks like something Pinnacle considers at the back of their mind that a capital raise might be a possibility.
Could be required for working capital purposes, say if stock does not clear or clear fast enough.
Also they need to buy new stock to replace the old stock they want to replace.
Ann: Becoming a substantial holder, page-25
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Last
11.8¢ |
Change
-0.003(2.08%) |
Mkt cap ! $46.21M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.0¢ | 11.5¢ | $116.6K | 972.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 191149 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 264278 | 13 |
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| Last trade - 11.53am 22/07/2024 (20 minute delay) ? |
| CCX (ASX) Chart |