I think this is a great outcome.
No Regal.
Directors putting their own money in.
2.25 mill raised from institutions and sophisticated investors.
1:1 options meaning that in future the company can possibly raise money from this necessarily having to go to market.
The 2.25 mill is significant as it represents something of a change in sentiment towards the project. There's probably enough positivity/upside there for these investors to justify putting their money in.
If you're worried about dilution - participate in the cap raise.
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2.7¢ |
Change
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Mkt cap ! $27.24M |
Open | High | Low | Value | Volume |
2.8¢ | 2.9¢ | 2.7¢ | $11.68K | 415.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 1531010 | 2.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.9¢ | 1551702 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 1531010 | 0.027 |
5 | 1323693 | 0.026 |
9 | 1765440 | 0.025 |
2 | 1200000 | 0.024 |
4 | 1695192 | 0.023 |
Price($) | Vol. | No. |
---|---|---|
0.029 | 1551702 | 7 |
0.030 | 126000 | 3 |
0.031 | 434500 | 2 |
0.032 | 161800 | 2 |
0.033 | 557316 | 3 |
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