Bit light on detail, hard to be inspired by the use of funds
Have they run out of money since 30th Dec? They were CF positive with $4.5m in the bank.
The proceeds of the Placement and Share Purchase Plan Issue will be used to fund:
• Expansion of the Company’s MyEco range, including both biodegradable products and the new 95% post-consumer waste recycled soft-plastics range
• A national marketing campaign to support the MyEco product range
• Implementation of a Global ERP System
• General working capital
• Costs of the offer
Ann: SECOS Placement and Share Purchase Plan, page-2
Add SES (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.5¢ |
Change
0.001(2.94%) |
Mkt cap ! $20.88M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.5¢ | 3.2¢ | $7.541K | 223.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 138776 | 3.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.5¢ | 181166 | 1 |
View Market Depth
| Last trade - 15.46pm 07/06/2024 (20 minute delay) ? |
|
|||||
|
Last
3.4¢ |
Change
0.001 ( 3.03 %) |
||||
| Open | High | Low | Volume | ||
| 3.4¢ | 3.4¢ | 3.4¢ | 57518 | ||
| Last updated 15.02pm 07/06/2024 ? | |||||
| SES (ASX) Chart |