NTI 1.64% 6.2¢ neurotech international limited

I am fairly new here and wondering why people are frustrated...

  1. 6,574 Posts.
    lightbulb Created with Sketch. 1651
    I am fairly new here and wondering why people are frustrated about a mere 5% discount to SP to raise $10Mn which is 10% equity for $100Mn Market cap company. The company needs funds to progress the trials and registration activities.

    Please advice what are the main concerns around management integrity, capability and any historical issues. Thanks in advance.
 
watchlist Created with Sketch. Add NTI (ASX) to my watchlist
(20min delay)
Last
6.2¢
Change
0.001(1.64%)
Mkt cap ! $63.07M
Open High Low Value Volume
6.3¢ 6.4¢ 6.1¢ $89.72K 1.425M

Buyers (Bids)

No. Vol. Price($)
1 39571 6.2¢
 

Sellers (Offers)

Price($) Vol. No.
6.4¢ 70617 1
View Market Depth
Last trade - 15.23pm 17/06/2024 (20 minute delay) ?
Last
6.2¢
  Change
0.001 ( 1.64 %)
Open High Low Volume
6.3¢ 6.4¢ 6.2¢ 443591
Last updated 15.23pm 17/06/2024 ?
NTI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.