Just a final $100k. It is peanuts to the capital structure of the company. I would assume this is the last one. I don't know why they did it in dribs and drabs over the last week, i would assume it would have just been better to just do it in one $400k raising instead of bits here and there.
Overall though a drop in the bucket for dilution, gives people a chance to get in at lower levels (as the share price gets temporarily depressed a bit because of the oversupply) and shores up the company's balance sheet.
Ann: Share Placement, page-4
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Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.66M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.0¢ | 11.5¢ | $20.58K | 176.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 294889 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 62665 | 1 |
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| Last trade - 15.42pm 19/07/2024 (20 minute delay) ? |
| PNN (ASX) Chart |