My guess would be that over the next two weeks there will be more positive announcements to boost the share price. If the stock falls below 2.8c it would be unlikely that they would be able to raise 10 million. Any surge in the price based on news will see the placement oversubscribed. I'd probably wait and see before committing to the rights issue.
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.060M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $9.116K | 2.278M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 4987697 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 13474013 | 20 |
View Market Depth
| Last trade - 12.15pm 24/06/2025 (20 minute delay) ? |
| CHM (ASX) Chart |