Unlike typical capital raises, the amount of dilution facing shareholders forces them to participate. Many will chose not to, or cannot afford to. This then "shakes the tree", allowing those with deep pockets and awareness of the actual situation to pick up shares at a low price. Yes it was looking difficult to raise money but this approach really socks it to the average SH.
Unlike typical capital raises, the amount of dilution facing...
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Last
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Change
0.001(25.0%) |
Mkt cap ! $14.88M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.4¢ | $41.37K | 9.733M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 15920808 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 29092158 | 14 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
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Change
0.001 ( 10.0 %) |
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| Open | High | Low | Volume | ||
| 0.5¢ | 0.5¢ | 0.5¢ | 560000 | ||
| Last updated 14.39pm 03/05/2024 ? | |||||
| OSL (ASX) Chart |