I thought there was a rule about a maximum of 15% additional shares before you need shareholder approval. Does that make it a maximum of 25 million shares if at say $1.25 that would raise $31m.
I'm thinking the institutional investor may just be referring to Bell Potter.
Should now soon, unless there are delays and we go into a suspension.
I thought there was a rule about a maximum of 15% additional...
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Mkt cap ! $181.5M | |||
| Open | High | Low | Value | Volume |
| $1.01 | $1.03 | $1.00 | $200.0K | 197.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3621 | $1.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.03 | 2500 | 1 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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$1.01 |
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| Open | High | Low | Volume | ||
| $1.02 | $1.03 | $1.00 | 51522 | ||
| Last updated 15.58pm 03/05/2024 ? | |||||
| ASM (ASX) Chart |