The problem with SPP’s are twofold:
1. Risk that you won’t raise the money given depleted share price (our case)
2. Existing shareholders will try to “lock in” a profit by selling above the raise price (3.5c, 3.5c etc…assuming that they will get filled at 3.4c.
I just don’t see how sophs/ instos are happy to buy 44m shares off-market, but zero shares on
-market. Mind blowing really
The problem with SPP’s are twofold: 1. Risk that you won’t raise...
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.710M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1500000 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 1985738 | 6 |
View Market Depth
| Last trade - 09.59am 25/06/2025 (20 minute delay) ? |
| TAR (ASX) Chart |
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