So very true Ralph.
The restructure will happen it’s just a matter of at what cost?
The lawyers will pull $1m collectively on this deal and the brokers will take 6.5% of capital raised PLUS the advisory fee!!!
Then there will be the break fee.
Dont be surprised at a heavily diluted raise, an obvious refinance and a bucket load of cheap options for all involved…..except for the shareholders who will get a very spikey pineapple.
While you wait, go look at the outcomes of PNR if you want a heads up as to how this will look.
Yes, back trading but the question is now at what cost and will the executive team survive?
Dont stop giving Dazed and MarkyMark (and the Funky Bunch) thumbs up, they will need it.
So very true Ralph.The restructure will happen it’s just a...
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Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $98.97M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 12.8¢ | $189.1K | 1.458M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 711113 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 55816 | 2 |
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| Last trade - 16.10pm 13/05/2024 (20 minute delay) ? |
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Last
12.8¢ |
Change
0.000 ( 1.92 %) |
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| Open | High | Low | Volume | ||
| 13.0¢ | 13.5¢ | 12.5¢ | 678347 | ||
| Last updated 14.31pm 13/05/2024 ? | |||||
| CAI (ASX) Chart |