When the capital raise was announced, the price on market was still floating around $1.
CR or not, at the time there were plenty of shares available for that price.
How many companies can you name that have never had a CR?
Now how many can you name that only had 1 in the last 10 years?
My guess is nil to both those questions.
Stop harping on about the CR, it's irrelevant.
When the capital raise was announced, the price on market was...
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Last
2.2¢ |
Change
-0.002(8.33%) |
Mkt cap ! $13.66M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.2¢ | 2.2¢ | $31.45K | 1.429M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 595002 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 525300 | 3 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| SPA (ASX) Chart |