I'm amazed they got the funding away within the 2 days of the TH. I expected it to go into a Vol Susp to complete the fund-raising.
Disappointed to see the number of shareholders selling down so low, but I guess it could be an indication of those wanting to have funds for the SPP. If that's the strategy then they've made a few dollars which is not to be scoffed at.
It will be interesting to see if it can recover - maybe the price will hang around these lower levels until the debt is completed. My feeling is the banks will be feeling very comforted by the company raising $92.5 million in 2 days!
The $64 billion dollar question - when are the banks joining in the party?
When that is announced.....
Ann: SFG Completes $92.5 Million Equity Raising, page-3
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Last
0.3¢ |
Change
-0.001(14.3%) |
Mkt cap ! $14.51M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $6.196K | 1.906M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 25980109 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 1327840 | 5 |
View Market Depth
| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
| SFG (ASX) Chart |