If you are right zereal, which you may well be, it is another poor decision. The possibility of a SPP will continue to depress the share price, so that existing shareholders will be further diluted by a large percentage if any meaningful sum is expected to be raised. Future rises in share price back to a reasonable level will also be adversely affected if the number of issued shares is increased. Ruling out a SPP is a sure fire way to increase the current S.P.
If you are right zereal, which you may well be, it is another...
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Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $287.5M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.5¢ | 16.5¢ | $1.116M | 6.605M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 286431 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 203635 | 7 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| AMI (ASX) Chart |