Another explanation could be that JD does not want to dilute existing shareholders to raise the entire required equity portion at these prices. Instead, raise half now, get some more runs on the board, firm offtakes & finance, order long lead equipment etc and then come back in a couple of months when share price is >30c... Potentially underwritten rights issue for the remaining
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Another explanation could be that JD does not want to dilute...
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Last
5.4¢ |
Change
0.003(5.88%) |
Mkt cap ! $67.61M |
Open | High | Low | Value | Volume |
5.1¢ | 5.6¢ | 5.1¢ | $35.55K | 659.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 53634 | 5.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 62859 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 53634 | 0.054 |
2 | 86160 | 0.051 |
3 | 241000 | 0.050 |
1 | 1800 | 0.048 |
1 | 10531 | 0.047 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 62859 | 1 |
0.057 | 119986 | 1 |
0.060 | 100000 | 1 |
0.061 | 8839 | 1 |
0.065 | 143970 | 3 |
Last trade - 15.50pm 30/08/2024 (20 minute delay) ? |
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