A share placement is not a bad thing if allocated to the right holder. We need a cash injection and if it goes to the right investor it will strengthen the books, given upcoming works extra cash will be beneficial for expansion the only downside is dilution and the current share price that they are doing this placement at.
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Open | High | Low | Value | Volume |
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---|---|---|
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1 | 25828 | 0.042 |
1 | 25000 | 0.040 |
1 | 27027 | 0.037 |
2 | 50000 | 0.030 |
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0.052 | 177107 | 1 |
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