Has anyone any thoughts about whether the rights issue is...

  1. 1,753 Posts.
    lightbulb Created with Sketch. 222
    Has anyone any thoughts about whether the rights issue is already built into the share price or will it drop to 6c after the offer closes and there are 25% more shares in the market. I suppose it shouldn't do too much in the short term as the company will have it's $8m sitting in the bank.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
0.1¢
Change
-0.001(50.0%)
Mkt cap ! $3.175M
Open High Low Value Volume
0.1¢ 0.1¢ 0.1¢ $57 56.8K

Buyers (Bids)

No. Vol. Price($)
30 150398250 0.1¢
 

Sellers (Offers)

Price($) Vol. No.
0.2¢ 18084562 14
View Market Depth
Last trade - 16.10pm 18/06/2025 (20 minute delay) ?
PRX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.