CND 3.13% 3.1¢ condor energy limited

Ann: Capital Raising via Share Purchase Plan, page-4

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  1. 10,052 Posts.
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    "The Company is pleased to announce that it will allow each eligible shareholder to participate in a Share Purchase Plan by purchasing up to $15,000 worth of ordinary shares at $0.006 per share."

    While trading at $0.007 this seems like a good deal on the surface, but will it not dilute the pool and ultimately bring the price down, at least until there is positive news and/or real production?

    Maybe someone with a head for this manouver can see through the smoke and haze for us. Ta
 
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Last
3.1¢
Change
-0.001(3.13%)
Mkt cap ! $18.02M
Open High Low Value Volume
3.1¢ 3.1¢ 3.1¢ $320 10.33K

Buyers (Bids)

No. Vol. Price($)
1 30 3.2¢
 

Sellers (Offers)

Price($) Vol. No.
3.4¢ 97587 1
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