They just raised 9.5M, that's not just wages.
What I mean is: If you were the 'significant investors' buying into the company near long term lows, you'd want to support the share price to demonstrate confidence and thereby increase your own chances of a return? Discounts are for when cap raises follow a sharp uptick in share price, i.e. the valuation has arguably gotten ahead of value.
Conversely, raising at a discount to a low triggers the very response you've written.
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They just raised 9.5M, that's not just wages.What I mean is: If...
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.030M |
Open | High | Low | Value | Volume |
0.6¢ | 0.6¢ | 0.6¢ | $1.65K | 300K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
26 | 10400251 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 299999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
26 | 10400251 | 0.005 |
10 | 3577699 | 0.004 |
3 | 1270000 | 0.003 |
2 | 1000000 | 0.002 |
2 | 4800000 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 299999 | 1 |
0.007 | 1715848 | 5 |
0.008 | 1726355 | 4 |
0.009 | 20000 | 1 |
0.011 | 1875949 | 1 |
Last trade - 10.00am 12/07/2024 (20 minute delay) ? |
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