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
There would be a lot of dilution if they did that.From a bit of...
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$4.73 |
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| Open | High | Low | Value | Volume |
| $4.85 | $4.85 | $4.72 | $1.138M | 237.8K |
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| No. | Vol. | Price($) |
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| 6 | 6226 | $4.71 |
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| Price($) | Vol. | No. |
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| VUL (ASX) Chart |