How much to raise?
The board can't take chances , so at least 12 months operating expenses plus extra trial expense if no partnerships signed.
80 to 100 million?
I will split the difference and , no I won't , changed my mind
100 million at 82c
Another 121,951,220 shares plus the 737,000,000 gives circa
859,000,000
But the share price will move North to say $1.40
1.2 Billion Market Cap
adds $460,000,00 to todays price.
Hope my math is correct
Hope my theory is too
Reg
Ann: Trading Halt, page-30
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Last
$1.09 |
Change
-0.010(0.91%) |
Mkt cap ! $1.250B | |||
| Open | High | Low | Value | Volume |
| $1.09 | $1.09 | $1.08 | $149.9K | 137.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 143455 | $1.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.09 | 5190 | 5 |
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| Last trade - 10.06am 11/07/2024 (20 minute delay) ? |
| MSB (ASX) Chart |