Earlier post by myself on another thread....
Alex it is worth noting.....
1. Volt’s Chairman Mr Asimwe Kabunga, via Kabunga Holdings Pty Ltd, has agreed to underwrite up to $600,000 of any shortfall from the Rights Issue.
2. The Directors of the Company that are eligible intend to participate in the Rights Issue.
3. The Company has secured $100,000 in short term working capital funding from the Company’s Chairman and CEO ($50,000 from each of Mr Kabunga and Mr Matthews) on an unsecured, arm’s length commercial terms basis, with such moneys being repayable on or before 31 December 2019.
Summary:
All of the above indicates to me the Company is very confident that Funding will be secured in the short term.
Earlier post by myself on another thread.... Alex it is worth...
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Mkt cap ! $20.79M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.5¢ | $3.329K | 629.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 12610000 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 32889360 | 38 |
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| Last trade - 10.52am 17/06/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
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| Last updated 11.13am 17/06/2024 ? | |||||
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