Looks to be as a type of capital raise for more funds. Someone buys the securities now the funds are payable in September.
Can anyone explain how this works.
6 million raised can’t be enough so Vince needs more and we get 111.5 M more dilution to add to the last billion shares of dilution.
Care to explain someone who knows what this actually is ?
Ann: Proposed issue of Securities - AVL, page-2
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Last
1.4¢ |
Change
-0.001(3.45%) |
Mkt cap ! $120.8M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.5¢ | 1.4¢ | $69.72K | 4.926M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 6012449 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 8135147 | 23 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| AVL (ASX) Chart |