I also appreciate CASSON group coordinating the additional funds as without them we will not trade but resolution 9 looks to change the value from 2.5c to 1c per share. Effectively changing the issues shares from 60M to 150M. Another large percentage of dilution.
I haven't done the sums but at a guess when all is said and done I think we are looking at needing to top up individual holdings by approx 30% to avoid the dilution.
As I have posted on another thread I will be looking at the open to top up any loose hands to offset the additional issues shares.
I also appreciate CASSON group coordinating the additional funds...
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Last
0.9¢ |
Change
0.001(5.88%) |
Mkt cap ! $19.09M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 1.0¢ | 0.8¢ | $46.18K | 5.052M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 3017498 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 53034 | 1 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| PIL (ASX) Chart |