they didn't need to raise $8m right now. IMO if I had to dish out 2c now and they raised $3m and I had a option at 6c say in 12 months I would of participated and the share price would of held over 5c IMO
I do expect a heavy discount now to mates but have reduced my holdings down to 40% of what I originally held.
I still like the direction the company is headed but see better opportunities to get a better return over the next 6 months and will increase holdings later
Ann: Rights Issue Results & Shortfall Notification, page-53
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Last
70.0¢ |
Change
-0.035(4.76%) |
Mkt cap ! $58.28M | |||
| Open | High | Low | Value | Volume |
| 73.5¢ | 73.5¢ | 70.0¢ | $53.41K | 75.81K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 70.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 73.0¢ | 59 | 1 |
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| Last trade - 15.35pm 17/09/2024 (20 minute delay) ? |
| JAT (ASX) Chart |