wow, the entitlement offer raised less than 25% of what was expected.
Quote from the letter of offer to shareholders: "The gross proceeds of the Entitlement Offer, expected to be up to approximately $6.31
million"
I'm waiting for someone to spin this into a positive (you there, Rob?). This is a good indication to the market regarding shareholder confidence in the company.
dyor
wow, the entitlement offer raised less than 25% of what was...
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Last
29.5¢ |
Change
0.015(5.36%) |
Mkt cap ! $428.5M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 30.5¢ | 28.0¢ | $833.4K | 2.824M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 388130 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 39940 | 3 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| IMM (ASX) Chart |