Shares cheaper on the market than rights issue. Therefore little or no cash will come in as the rights issue will fail. There’s a debt they have to pay. Little cash reserves. All the pump stories have failed recently and their running out of ideas to con the market. The list goes on.
Ann: Non Renounceable Rights Issue Prospectus, page-27
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Last
0.2¢ |
Change
-0.001(25.0%) |
Mkt cap ! $8.216M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $45 | 30K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 57 | 201267439 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 26448769 | 21 |
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| Last trade - 15.46pm 28/08/2024 (20 minute delay) ? |
| EDE (ASX) Chart |