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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Last
0.9¢ |
Change
0.001(12.5%) |
Mkt cap ! $15.02M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.8¢ | $15.22K | 1.751M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 4548712 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 7559466 | 6 |
View Market Depth
| Last trade - 11.36am 23/08/2024 (20 minute delay) ? |
| VEN (ASX) Chart |