ok, in my opinion it’s untrue. Cap raises aren’t about valuing a company. If they were you would see far more done at premiums to the current share price. They are usually about accessing capital at a price that is relative to what they would have to pay on market. Ie. a discount to last price or vwap.
what soph would even want to pay what the company thinks it’s worth. That’s high risk. The game is to find investments where the price doesn’t reflect what the company (and you) think it’s worth.
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3.6¢ |
Change
-0.002(5.26%) |
Mkt cap ! $121.3M |
Open | High | Low | Value | Volume |
3.6¢ | 3.7¢ | 3.5¢ | $40.16K | 1.116M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 670068 | 3.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.6¢ | 13422 | 1 |
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No. | Vol. | Price($) |
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4 | 478783 | 0.035 |
8 | 634374 | 0.034 |
6 | 1767551 | 0.033 |
1 | 300000 | 0.032 |
6 | 799800 | 0.031 |
Price($) | Vol. | No. |
---|---|---|
0.036 | 13422 | 1 |
0.038 | 802430 | 5 |
0.039 | 319682 | 4 |
0.040 | 904244 | 5 |
0.041 | 465955 | 4 |
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