LKE set out to raise $20 million in a capital raise…made up of:
- $15 million in a placement with Soph investors, and
- $5 million in a SPP (share purchase plan), with retail investors.
- Note, no institutional investors participated (only Sophs).
The end result (after costs of $1.5 million):
CIRCA $14.6 million.
So a $5.4m shortfall / $20m = 27% shortfall.
27% (over a quarter), less runway.
IMO DYOR
Ann: Kachi Power Supply, page-83
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Last
3.8¢ |
Change
-0.001(2.56%) |
Mkt cap ! $63.40M | |||
| Open | High | Low | Value | Volume |
| 3.9¢ | 4.0¢ | 3.8¢ | $98.24K | 2.533M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 2432720 | 3.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.9¢ | 755796 | 4 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| LKE (ASX) Chart |