I actually think it would be a breach of insider trading laws to be in possession of a 63c offer and then do a placement significantly below the offer price ?
they would only need a couple of hundred grand, less than $500k to survive another 3 months finalising the sale anyway.
most of last quarter's expenditure was only directors fees , so they can take a small holiday shouldn't be a problem.
I actually think it would be a breach of insider trading laws to...
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Last
17.5¢ |
Change
0.005(2.94%) |
Mkt cap ! $34.45M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.5¢ | 17.0¢ | $29.97K | 174.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3724 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 15350 | 2 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| MTC (ASX) Chart |