Ordinarily I don't like SPP's either but sometimes they are necessary. If the company could have raised the $2.1m from sophisticated and institutional investors then I suspect they would have.
I was not eligible to participate in the SPP as I was not a shareholder at the time but hopefully my recent on-market purchases will enable a couple of eligible shareholders to apply for their full entitlement.
Loyal long-suffering shareholders (like Uni, Mr D, 564, Benspurgin, Lumia etc.) have well and truly earned the opportunity to purchase up to 150,000 shares at 10c.
Ordinarily I don't like SPP's either but sometimes they are...
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Last
12.0¢ |
Change
0.015(14.3%) |
Mkt cap ! $54.48M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 12.0¢ | 10.5¢ | $85.61K | 760.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 24094 | 2 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| EGR (ASX) Chart |