Guys
do avoid dilution one needs to participate in the rights issue
if the stock goes back to 2.5c on successful Odin results that is a 150% on rights issue price. Although dilution is big , it also allows the asset to be realised
I will be aiming to participate in placement which I imagine will be scaled back and adding more on market. The raising can really increase revenue and cash flow .
it’s not doubt a crappy outcome for existing shareholders but less crappy if one takes up rights
Ann: Trading Halt, page-16
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0.8¢ |
Change
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Mkt cap ! $13.35M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.8¢ | $10.58K | 1.322M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 8465675 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 1516587 | 2 |
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