Yeah the raising price is poor... but it was kind of announced before the MOU and if you belive what you wrote, you'll be able to access shares at .005 when they'll be trading above .01.
So your average price after the placement might keep you in the black if it holds mid-1's.
Ann: Non-Renounceable Rights Issue Offer Document, page-17
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Last
$4.50 |
Change
0.430(10.6%) |
Mkt cap ! $316.1M | |||
| Open | High | Low | Value | Volume |
| $4.08 | $4.63 | $4.06 | $1.569M | 365.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14999 | $4.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.58 | 10000 | 1 |
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| Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
| DSE (ASX) Chart |