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
5.5¢ |
Change
0.005(10.0%) |
Mkt cap ! $58.25M | |||
| Open | High | Low | Value | Volume |
| 5.1¢ | 5.6¢ | 5.1¢ | $29.12K | 532.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2075 | 5.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.8¢ | 189776 | 2 |
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| Last trade - 11.54am 06/06/2024 (20 minute delay) ? |
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Last
5.7¢ |
Change
0.005 ( 14.0 %) |
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| Open | High | Low | Volume | ||
| 5.2¢ | 5.8¢ | 5.2¢ | 364471 | ||
| Last updated 12.09pm 06/06/2024 ? | |||||
| BYE (ASX) Chart |