I'd prefer PH2 not dilute shares at all.
Finance repaid within a few years is always preferable to 100's of millions of additional shares. Not to mention the State and Federal Government grants which are constantly under review.
However, if they must; I hope it's only offered to Institutional Investors, there's been more than ample time for retail investors to accumulate at low prices, and it's not like the merger had been a secret or accomplished overnight.
Ann: Trading Halt, page-5
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Last
21.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $75.28M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 21.0¢ | 20.0¢ | $93.11K | 458.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 57598 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 251718 | 9 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
20.5¢ |
Change
0.000 ( 2.38 %) |
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| Open | High | Low | Volume | ||
| 20.5¢ | 21.0¢ | 20.0¢ | 262294 | ||
| Last updated 15.58pm 07/06/2024 ? | |||||
| PH2 (ASX) Chart |