my understanding is that they are seeking to raise $4 million at 85 cents with discretion to take a further $2 million is oversubscribed. Money is to tide them over until Sonic deal consummated. So very little dilution overall and a conservative but prudent management of their capital position. At this stage is looks like only sophs will get a look in. Euroz currently have a $1.55 price target in them but that is under review and doesn’t take account of the likely positive impact of the Sonic transaction.
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my understanding is that they are seeking to raise $4 million at...
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Last
66.0¢ |
Change
0.010(1.54%) |
Mkt cap ! $87.77M |
Open | High | Low | Value | Volume |
65.0¢ | 67.0¢ | 65.0¢ | $49.37K | 74.16K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 148 | 66.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
67.0¢ | 10201 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 148 | 0.665 |
1 | 11425 | 0.660 |
1 | 20561 | 0.655 |
6 | 24075 | 0.650 |
2 | 2916 | 0.645 |
Price($) | Vol. | No. |
---|---|---|
0.670 | 10201 | 2 |
0.675 | 895 | 1 |
0.680 | 3652 | 3 |
0.685 | 1366 | 1 |
0.690 | 100000 | 1 |
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