The last CR by way of placement was December 2022. After that 9 million shares were issued for the Acuity facility.
The placement was for 20 million shares at 28 cents. This was a 13% discount to closing price and. 15% discount to 5 day closing average. So most likely issue price will be 11 cents given close of 12.5. Last raise was $5.5 million. But this time to meet the limit of issuing no more than 15% of existing equity the most that can be issued is around 26 million shares so that will raise a bit under $3 million.
We will see. Should open around the issue price and hopefully recover from there. A good news announcement soon after might help!!
H
Ann: Pause in Trading, page-18
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Last
14.0¢ |
Change
0.010(7.69%) |
Mkt cap ! $32.67M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 15.0¢ | 13.5¢ | $59.97K | 426.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 27605 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 74108 | 1 |
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| BML (ASX) Chart |