Retailers were given a chance to participate - offsetting the dilution. And it may help the company to succeed, having the excess of cash needed to invest in staff/product for quite a while.
As for timing/dilution - it's probably hard for companies to time the market, just as it is for investors to do so.
Ann: Quarterly Activities Report and Appendix 4C, page-37
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Last
12.5¢ |
Change
-0.005(3.85%) |
Mkt cap ! $28.96M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 12.5¢ | $900 | 7.196K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 100000 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 77800 | 5 |
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| Last trade - 10.46am 03/10/2024 (20 minute delay) ? |
| SWF (ASX) Chart |