So if we are to enjoy a robust sales period in CY23 is it necessary for the $3m shortfall to be put to the market? The entitlement offer expires on the 22nd of February; this time next week. The LBT Company Presentation slides of 20 January, 2023 boasts the first item as "$3.0m Non-dilutive funding secured expands APAS® market opportunity." Was BB suggesting the $3.0m Non-dilutive funds obviates the need to tap the Market for a Dilutive CR? Avoiding a 12% Dilution gets my vote. Pretty strong message to the Market, Shareholders and vested parties.
History tells me he will take the Cash.
GLTAH
So if we are to enjoy a robust sales period in CY23 is it...
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Last
1.6¢ |
Change
0.002(14.3%) |
Mkt cap ! $25.04M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.6¢ | 1.5¢ | $2.946K | 185.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 716666 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 4125552 | 4 |
View Market Depth
| Last trade - 14.20pm 19/07/2024 (20 minute delay) ? |
| LBT (ASX) Chart |