He didn’t go back to shareholders to raise though that was what he was taking about and it would have tanked price with massive dilution. As a rule. If a raise occurs and leads to the market cap increase greater than the dilution it’s a win for shareholders - If you are concerned then sell and hope to rebuy cheaper, but know this is no longer a going concern despite trading like it - so be careful you may not be able to rebuy cheaper.
He didn’t go back to shareholders to raise though that was what...
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Last
5.4¢ |
Change
-0.001(1.82%) |
Mkt cap ! $39.87M | |||
| Open | High | Low | Value | Volume |
| 5.4¢ | 5.5¢ | 5.3¢ | $71.82K | 1.327M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9127 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.7¢ | 129938 | 2 |
View Market Depth
| Last trade - 15.20pm 14/06/2024 (20 minute delay) ? |
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Last
5.6¢ |
Change
-0.001 ( 1.82 %) |
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| Open | High | Low | Volume | ||
| 5.6¢ | 5.6¢ | 5.3¢ | 273527 | ||
| Last updated 15.56pm 14/06/2024 ? | |||||
| TNC (ASX) Chart |