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!
They already raised 11.2m from instos and sophisticated...
Add DOC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
6.3¢ |
Change
-0.002(3.08%) |
Mkt cap ! $23.09M | |||
| Open | High | Low | Value | Volume |
| 6.3¢ | 6.3¢ | 6.3¢ | $10.76K | 170.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 110483 | 6.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.5¢ | 47576 | 4 |
View Market Depth
| Last trade - 13.57pm 21/05/2024 (20 minute delay) ? |
|
|||||
|
Last
6.5¢ |
Change
-0.002 ( 3.17 %) |
||||
| Open | High | Low | Volume | ||
| 6.3¢ | 6.5¢ | 6.3¢ | 55416 | ||
| Last updated 12.31pm 21/05/2024 ? | |||||
| DOC (ASX) Chart |