Why do you think they are raising the cash you nitwit? Because they're running it themselves and banking on signing a deal post-trial that's more accretive than the cost of the raise.
@col69 the fact they're including a SPP is because they've only got authority to place 25% under terms granted at the last AGM. And if they placed the entire amount without giving existing SH's a chance, you'd have riots in Cremorne resembling Paris.
Why do you think they are raising the cash you nitwit? Because...
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Last
17.0¢ |
Change
0.015(9.68%) |
Mkt cap ! $38.41M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 17.0¢ | 15.5¢ | $47.10K | 289.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 23813 | 3 |
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| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| CYP (ASX) Chart |