Massive dilution will affect the sp.
they just sold 10% of the company. That’s 10% of profit for holders even if we reach 50c soon.
it’s an abysmal deal and a case of cheap shares for the boys at holders expense.
i still think we will make good profit here, but some of the cream just got given away far too cheap
Ann: Trading Halt, page-48
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11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $132.5M | |||
| Open | High | Low | Value | Volume |
| 11.3¢ | 12.0¢ | 11.3¢ | $37.07K | 325.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 134668 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 79050 | 4 |
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| LIN (ASX) Chart |