There would be a lot of dilution if they did that.
From a bit of googling, it looks like they can borrow from the EIB at below 4%.
Once approved and other milestones met, the SP should rise and there would be less dilution from any capital raise
Ann: European Investment Bank proposed EUR500m ($825m) financing, page-56
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Last
$4.27 |
Change
-0.360(7.78%) |
Mkt cap ! $803.5M | |||
| Open | High | Low | Value | Volume |
| $4.57 | $4.59 | $4.21 | $3.724M | 854.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 335 | $4.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.28 | 9980 | 1 |
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| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
$4.25 |
Change
-0.360 ( 7.76 %) |
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| Open | High | Low | Volume | ||
| $4.57 | $4.59 | $4.21 | 106143 | ||
| Last updated 15.59pm 17/06/2024 ? | |||||
| VUL (ASX) Chart |
