I hate these soph raises, they reek of 'mates clubs' BUT two things are true, IMO:
1. we will need the cash, IF they are truly hitting the ground running as fast as they can and
2. raising through retail via a SPP will take more time, effort and need to be underwritten anyway. So just get it done!
The proof of whether ALL stakeholders wellbeing is taken into account will be the price. At 0.45c i can handle it, albeit begrudgingly. if it's 0.3c then I'm bringing the pickaxe and torch to Perth for a good old witch hunt.
Ann: Trading Halt, page-22
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0.3¢ |
Change
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Mkt cap ! $7.330M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $451 | 150.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 10581978 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 21445223 | 27 |
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