Now now come on - you said "they don’t partake in any further capital raises"
They've just committed $18m in a capital raise which is a pretty strong sign. At the likely conversion price of ~ $0.50, that's be an extra 36m securities they've acquired, taking them back up to 31.7% of issued capital.
Ann: Change in substantial holding, page-8
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26.0¢ |
Change
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Mkt cap ! $101.9M | |||
| Open | High | Low | Value | Volume |
| 26.5¢ | 26.5¢ | 25.5¢ | $15.45K | 59.23K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20133 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 62274 | 1 |
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| Last trade - 15.59pm 26/07/2024 (20 minute delay) ? |
| HFR (ASX) Chart |