This company has a history of cap raising, which is always dilutive. This indicates 2 things
1. They dont want to crush the share price and hope it recovers
2. They figure they can extract a premium from an interested party with a good sales pitch.
Agreed cap raise was mentioned as an option.
Have a look at how many new shares have been issued in the past few years & with what result......
This company has a history of cap raising, which is always...
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Last
4.0¢ |
Change
-0.006(13.0%) |
Mkt cap ! $52.53M | |||
| Open | High | Low | Value | Volume |
| 4.7¢ | 4.7¢ | 3.9¢ | $115.3K | 2.755M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 351865 | 3.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.0¢ | 232186 | 2 |
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| Last trade - 14.59pm 17/07/2024 (20 minute delay) ? |
| SNT (ASX) Chart |