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Ann: Trading Halt, page-6

  1. colinjb56
    121 Posts.
    lightbulb Created with Sketch. 11
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    07/03/24
    11:30
    Post #: 72790360
    The raise will be at a discount to the market price. So likely somewhere from 50 to 60 cents per share. Share price normally goes to capital raising price in the short term, particularly if it is just operating capital required. There will probably be significant dilution as market cap is so low (i.e. under $30M).
    IME Price at posting: 65.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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