The market is now pricing in a capital raise. Given the share price badly undervalues the company they should do a rights issue so existing shareholders can avoid dilution.
A rights issue/placing is only dilutive if you don’t participate!
The market is now pricing in a capital raise. Given the share...
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.648M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 3183330 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 2095077 | 5 |
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| LCL (ASX) Chart |
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