This is quite frustrating, given that the CR is for $5.2 million. Why not raise debt and protect the share price? If the CR was substantial perhaps a different story.
Too many shares on issue already - need a share consolidation at this market capitalization similar to what Lark has done. I'll vote no to further equity capital raising for now.
Disappointed...
Ann: Trading Halt, page-19
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Last
28.5¢ |
Change
0.010(3.64%) |
Mkt cap ! $37.65M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 28.5¢ | 27.5¢ | $21.64K | 78.06K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 455 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 41800 | 2 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| GDA (ASX) Chart |