That's a really good point, thanks Brakedust - I'll do just this.
With re: to comments on dilution of shares, please correct me if I'm wrong but as this is an entitlements offer, do this in fact mean shares are NOT diluted?
i.e. New shares are offered at the 'current' SP of .082, not a lower share price. Net result more shares are created and that the company has a greater capitalization. So if you take up the offer, your share are not diluted. This shouldn't automatically mean the SP drops.
Or have I got that wrong?
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Last
0.1¢ |
Change
-0.001(50.0%) |
Mkt cap ! $3.175M | |||
| Open | High | Low | Value | Volume |
| 0.1¢ | 0.1¢ | 0.1¢ | $57 | 56.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 150398250 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 18084562 | 14 |
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| Last trade - 16.10pm 18/06/2025 (20 minute delay) ? |
| PRX (ASX) Chart |