Anyone holding more than 300,000 shares is automatically diluted, because at most he/she can subscribe to another 300,000 shares (300000 x .05c = $15,000.
With this present issue, even a person holding 1 share can apply for $15,000 worth shares.
A 1:1 ratio is the most equitable.
Anyone holding more than 300,000 shares is automatically...
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.216M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $1.554K | 776.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 40 | 112175058 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 2199473 | 4 |
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| Last trade - 12.10pm 11/11/2024 (20 minute delay) ? |
| EDE (ASX) Chart |