The last placement was done at a 18.5% discount to the last share price and a 22.1% discount to the 5 day VWAP. That would work out to about 7.5c.
The last conversation I had they did mention they may need a small cap raise for working capital and said they've always been well supported by Shanghai Jason, so hopefully the shares will go to safe hands. I thought they might gat the IDC loan 1st to give a better SP to do the raise, probably IDC want a bit more $$ in the bank before approval.
In any case, starting construction is a big plus, also the fear of a cap raise has diminished, otherwise they'd be looking at more than $7.3m
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Last
6.5¢ |
Change
-0.001(1.52%) |
Mkt cap ! $57.11M |
Open | High | Low | Value | Volume |
6.7¢ | 6.7¢ | 6.5¢ | $8.048K | 123.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 78153 | 6.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.7¢ | 40000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 78153 | 0.065 |
4 | 62500 | 0.063 |
1 | 164037 | 0.061 |
4 | 160357 | 0.060 |
1 | 50000 | 0.059 |
Price($) | Vol. | No. |
---|---|---|
0.067 | 40000 | 2 |
0.069 | 241507 | 3 |
0.071 | 72075 | 1 |
0.072 | 73500 | 2 |
0.073 | 418053 | 3 |
Last trade - 10.32am 30/08/2024 (20 minute delay) ? |
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