They already raised 11.2m from instos and sophisticated investors. This remaining 1m is a drop in the bucket and a token offering for retail shareholders. Just means less dilution which is good and btw retail enthusiasm for a stock is often a great contrarian indicator. Glad this SPP is over so DOC is flush with cash and can continue with the roll-out of their enhanced operating model. Can't see DOC trading at 1x forward sales and 2x forward gross profit for much longer with 40% growth rates and margin expansion!
Ann: Doctor Care Anywhere completes Security Purchase Plan, page-5
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Last
7.0¢ |
Change
0.005(7.69%) |
Mkt cap ! $25.66M | |||
| Open | High | Low | Value | Volume |
| 6.6¢ | 7.0¢ | 6.5¢ | $27.54K | 408.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 143010 | 6.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.0¢ | 31634 | 5 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
6.8¢ |
Change
0.005 ( 6.25 %) |
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| Open | High | Low | Volume | ||
| 6.5¢ | 7.0¢ | 6.5¢ | 145939 | ||
| Last updated 14.18pm 14/06/2024 ? | |||||
| DOC (ASX) Chart |