ubject to necessary shareholder approvals, Directors, Lou Panaccio and George Barran have agreed to subscribe under the Second Tranche Placement for a total of $250,000. Trudell Medical Limited, a substantial shareholder of the Company and a company associated with Mr Barran, has agreed to subscribe for a further $220,000. Finally, the new Chief Executive Officer of the Company, Dr Paul Mastoridis has agreed to subscribe for $100,000, for a total Second Tranche Placement to raise $570,000 before costs. The highest and lowest closing market prices of the Shares on ASX during the 3 months of trading up to and including 22 April 2024 and the respective dates of those sales, are: Highest: $0.093 on 15 April 2024 Lowest: $0.028 on 18 April 2024 The volume weighted average sale price on ASX of the Shares during the 3 months immediately preceding the date of this announcement is $0.051. The Issue Price represents a discount of: • 31% to the Company’s closing price on 22 April 2024 of $0.029; • 60% to the Company’s 10 day VWAP of $0.051; and • 60% to the Company’s 30 day VWAP of $0.051. Allotment and issue of the New Shares under the upfront Placement is expected to occur on 3 May 2024, with normal trading of the New Shares issued under the upfront Placement expected to commence on 6 May 2024
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Last
1.7¢ |
Change
-0.001(5.56%) |
Mkt cap ! $6.631M |
Open | High | Low | Value | Volume |
1.8¢ | 1.8¢ | 1.6¢ | $31.25K | 1.799M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 2263616 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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1.7¢ | 479412 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 2263616 | 0.016 |
3 | 585665 | 0.015 |
1 | 39000 | 0.014 |
1 | 55560 | 0.009 |
1 | 500000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 479412 | 1 |
0.018 | 250000 | 3 |
0.019 | 542475 | 3 |
0.020 | 1535499 | 4 |
0.021 | 297407 | 2 |
Last trade - 15.59pm 06/05/2024 (20 minute delay) ? |
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Last
1.7¢ |
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Change
-0.001 ( 8.33 %) |
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Open | High | Low | Volume | ||
1.7¢ | 1.8¢ | 1.6¢ | 1664226 | ||
Last updated 15.59pm 06/05/2024 ? |
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