If this is correct and it's a CAP raise at 7 c then we will have to really trust managements decision on this.
Unfortunately it will dilute the SP even further and the reality is unless there is something tangible to hold the SP up e.g outstanding results at Nomgon or H2 announcement then I fear that the SP will drop to the CAP raise price or even lower.
I understand the need for Capital but this will really hurt us at these levels.
Neil said in an earlier interview that they didn't need a financial partner for Grandis so maybe the cash injection is for something else.
I would have been happier to get some results back from Grandis first and then hopefully raise at a higher price thereby reducing dilution.
Nothing is guareenteed of course.
The board are smart people so will have to trust that this is in the best interests of the company going forward and the SH.
- Forums
- ASX - By Stock
- EXR
- Ann: Trading Halt
Ann: Trading Halt, page-24
-
-
- There are more pages in this discussion • 83 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EXR (ASX) to my watchlist
|
|||||
Last
16.5¢ |
Change
0.015(10.0%) |
Mkt cap ! $197.4M |
Open | High | Low | Value | Volume |
15.5¢ | 16.5¢ | 15.0¢ | $401.9K | 2.524M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 496868 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 245753 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 446868 | 0.155 |
27 | 778547 | 0.150 |
12 | 759918 | 0.145 |
18 | 810464 | 0.140 |
8 | 110152 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 239402 | 6 |
0.170 | 276404 | 4 |
0.175 | 163967 | 7 |
0.180 | 308149 | 7 |
0.185 | 180124 | 4 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
EXR (ASX) Chart |
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online