I don't think it will be that close to 10% dilution, I don't see why it needs to be more than $10m right now unless they've got someone willing to go in at a premium. My guess would be about 8m shares at $1.20 so about 3% of existing shares on issue.
Ann: Trading Halt, page-16
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Last
49.5¢ |
Change
0.060(13.8%) |
Mkt cap ! $188.1M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 49.5¢ | 42.0¢ | $522.2K | 1.155M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | 49.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 13330 | 2 |
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| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| TLG (ASX) Chart |