This has the potential to be the second botched raise from the two raises since IPO.
The last botched raise was due to running and was made when only 50% of the maiden resource had been announced, and then the rest of the maiden resource was announced about 10 days later.
At least the last raise was done at $0.32c - which felt like a significant 20% discount at the time.
A 100% strike rate for mistimed raises resulting in excess dilution will have me strongly reconsidering my position.
@BSquire I don't need to top up, I've got exposure to 1.6m shares FML
Ann: Trading Halt, page-9
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Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.86M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.0¢ | 14.0¢ | $2.497K | 17.83K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 296000 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 48427 | 1 |
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| Last trade - 15.25pm 16/07/2024 (20 minute delay) ? |
| AKO (ASX) Chart |