If all shareholders take up their holdings then management would get less
The underwriting ensures a minimum of 3.5m is raised. The remaining 1.5m is for existing shareholders, but this can go higher of existing shareholder's take up there allocation
I would suggest based on their investment the 10m end of year number is looking solid
Ann: NON-RENOUNCEABLE RIGHTS OFFER AND INSTITUTIONAL PLACEMENT, page-7
Add SEN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $25.14M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1308742 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 474517 | 4 |
View Market Depth
| Last trade - 16.12pm 28/05/2024 (20 minute delay) ? |
| SEN (ASX) Chart |
Day chart unavailable