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
Guys do avoid dilution one needs to participate in the rights...
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1.0¢ |
Change
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Mkt cap ! $16.69M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $1.993K | 199.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1250000 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 3730894 | 10 |
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| Last trade - 11.19am 05/07/2024 (20 minute delay) ? |
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