the limited ability to cap raise certainly helps.
I think this means all new cap raises will likely require a high approval % from existing and existing shareholders will likely need to be offered shares proportional to any issue. It’s still a dog of a situation.
Hopefully this puts them under sufficient pressure to get an offtake over the line but I wouldn’t count on it.
glad I sold up.
the limited ability to cap raise certainly helps. I think this...
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.98M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $59.24K | 5.875M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 437625 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 7999864 | 25 |
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| Last trade - 15.46pm 11/07/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |