Late 2015/early 2016 they had a placement followed by a SPP at 15cps
$4.5m placement supported by major shareholders/directors/associates
However the following SPP, targeting $2.5m, only raised $A285k
Some existing loans from directors/associates were also converted to equity.
Got the job done in the end, and they went on to get the MEL c/note funding....
Perhaps we'll see a repeat of the placement/spp strategy if the directors and associates are still keen and cashed up.
Ann: Investor Presentation, page-10
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Last
6.0¢ |
Change
-0.001(1.64%) |
Mkt cap ! $64.72M | |||
| Open | High | Low | Value | Volume |
| 6.4¢ | 6.4¢ | 5.7¢ | $36.83K | 614.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 600000 | 5.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.0¢ | 103244 | 1 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
5.9¢ |
Change
-0.001 ( 3.28 %) |
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| Open | High | Low | Volume | ||
| 6.5¢ | 6.5¢ | 5.7¢ | 124196 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
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