I don't think we really know what the directors know, when the best time to raise is, etc. One of the directors just bought a million dollars worth of shares over $1 and has a vested interest in the stock performing.
look at IXR. Same market cap and raising at a 30% discount for less cash. Could have been worse.
Ann: Trading Halt, page-147
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Last
62.5¢ |
Change
0.005(0.81%) |
Mkt cap ! $41.20M | |||
| Open | High | Low | Value | Volume |
| 63.5¢ | 63.5¢ | 61.0¢ | $80.38K | 128.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1500 | 62.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 65.5¢ | 5687 | 2 |
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| Last trade - 15.34pm 07/10/2024 (20 minute delay) ? |
| VMM (ASX) Chart |