Everyone's thoughts on this? Comes across as good news to me. Cap raise is finalised with only 18M shares issued at 19c (raising $3.5M) instead of originally planned 34M shares at 19c (which would have raised $6.5M). That means a lot less dilution (especially given no Tranche 2 options allocated also) and future cap raises if required can be done around new VWAP (note that 19c was a premium back in Oct 17). Was interesting though how there was a slight change in Chinese technology investors, although they are existing shareholders. Love that 80% of shareholders are in our top 20, not much trading volumes!
Everyone's thoughts on this? Comes across as good news to me....
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Last
5.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.75M | |||
| Open | High | Low | Value | Volume |
| 5.1¢ | 5.1¢ | 5.0¢ | $4.509K | 89K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | 5.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.2¢ | 32135 | 1 |
View Market Depth
| Last trade - 13.04pm 02/05/2024 (20 minute delay) ? |
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Last
5.1¢ |
Change
0.000 ( 3.77 %) |
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| Open | High | Low | Volume | ||
| 5.0¢ | 5.1¢ | 5.0¢ | 948 | ||
| Last updated 13.49pm 02/05/2024 ? | |||||
| NOV (ASX) Chart |