I agree with you - with the underwritten capital raise to $900k and new holders entering the register, I suspect management will need to actually show some progress now they money in the bank.
The CEO held about 9% of the shares prior to consol and you imagine will participate in the cap raise - certainly not a big enough holding to block any future changes should shareholders need to make them.
I agree with you - with the underwritten capital raise to $900k...
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10.0¢ |
Change
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Mkt cap ! $11.01M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 9.9¢ | $42.65K | 427.7K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2984 | 9.7¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 59122 | 1 |
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| PNN (ASX) Chart |