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.
Late 2015/early 2016 they had a placement followed by a SPP at...
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Last
4.9¢ |
Change
0.002(4.26%) |
Mkt cap ! $52.86M | |||
| Open | High | Low | Value | Volume |
| 4.5¢ | 5.3¢ | 4.2¢ | $294.5K | 6.134M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 390662 | 4.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.9¢ | 73868 | 1 |
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| Last trade - 15.57pm 14/05/2024 (20 minute delay) ? |
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Last
5.0¢ |
Change
0.002 ( 6.38 %) |
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| Open | High | Low | Volume | ||
| 4.3¢ | 5.3¢ | 4.3¢ | 1021022 | ||
| Last updated 15.47pm 14/05/2024 ? | |||||
| BYE (ASX) Chart |