The CR is a rights issue with the shortfall secured by instros. The way I take this they are rewarding existing shareholders who have taken a beaten since IPO. I dont think they necessarily needed the funds at this stage but this rights issue with the oppies are a reward for the LTHs who are still holding from IPOand believe in the story.
The CR is a rights issue with the shortfall secured by instros....
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Last
3.0¢ |
Change
-0.001(3.23%) |
Mkt cap ! $67.36M | |||
| Open | High | Low | Value | Volume |
| 3.0¢ | 3.0¢ | 3.0¢ | $373.1K | 12.60M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 3488717 | 2.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.0¢ | 1072000 | 7 |
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| Last trade - 10.33am 27/09/2024 (20 minute delay) ? |
| RAD (ASX) Chart |