You aren't understanding the announcement properly.
If the company went through the standard route they would have had to pay a broker for organising it, they would have had to raise at a discount and then the sp would drop over the next few weeks to the cap raise price.
You aren't understanding the announcement properly.If the...
Add BML (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $25.09M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.8¢ | 10.5¢ | $35.14K | 333.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 739307 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 207609 | 4 |
View Market Depth
| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
|
|||||
|
Last
10.5¢ |
Change
0.000 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 10.8¢ | 10.8¢ | 10.5¢ | 133491 | ||
| Last updated 15.59pm 17/06/2024 ? | |||||
| BML (ASX) Chart |
