They raised approx $1.9m by issuing circa 73,000,000 shares at 2.8c.
73m shares coming onto the market, at some stage there will be investors that are happy to get a 5 or 10% return. Hmmmm doesn't look encouraging for the share price.
Ann: Capital Raise - Placement of Shares, page-11
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1.3¢ |
Change
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Mkt cap ! $6.667M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.3¢ | $2.302K | 173.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1773333 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 195551 | 2 |
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| HXG (ASX) Chart |