Damn it is limited to Au, Nz, and UK so I can not even participate!!?? Would have loved to take my share and then some..... Well guess I will just have to buy on market.....
Not nice to see this drop of SP but I am pretty hopeful that this will pan out similarly to the rights issue at the end of last year! In for a roller coaster.
As for the reason why. Could it be that they are thinking about scaling up the phase 1 plant (they selected some nice modular design). But before taking the decision to scale up (much more) rapidly they want to have some (better) proof it all works as good as they believe it does? Time will tell, always does!
Ann: Entitlements Offer to Fund New Development and Growth, page-59
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.17M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.2¢ | $47.02K | 18.68M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 894454 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 72422193 | 58 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| LPD (ASX) Chart |