I think they will approach share holders for a raise soon and my guess is same price .08c as they did last year at .15c raised with Regal then same offer to shareholders
This was a desperate raise they need the money fast LDA want there $2M cash in 3 weeks so this $5M is just to get by. Most likely approach share holders to raise another $10M which 50% will be underwritten by Regal again and I think the 50% will go to underwriter as most shareholders will not participate
This is how I see it playing out regarding raising additional funds short term
I think they will approach share holders for a raise soon and my...
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Last
1.8¢ |
Change
-0.001(5.26%) |
Mkt cap ! $18.29M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 1.9¢ | 1.8¢ | $6.991K | 384.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 1238890 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 111773 | 4 |
View Market Depth
| Last trade - 12.31pm 27/06/2025 (20 minute delay) ? |
| HIO (ASX) Chart |