Shares on issue is annoying but was unavoidable given the size and cost of the asset they were buying compared to share price. Shares on issue is only ever an issue from a optics point of view. Once the company is making money they can either consolidate or buy back if management think its a concern.
A lot of the Shares on issue too are tied up in the top 20 who I doubt will be selling anytime soon.
Ann: Re-compliance Prospectus, page-3
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BDM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
18.0¢ |
Change
0.005(2.86%) |
Mkt cap ! $255.8M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 18.0¢ | 16.5¢ | $51.64K | 299.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 43257 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 25582 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| BDM (ASX) Chart |