The placement offer was far too cheap - no wonder it was taken up pronto. Still don't get why they couldn't have funded this from existing available cash since the offer was only for $3mill - would still have cash leftover and unused facility available - should it be required - plus, why didn't they place a spp to existing holders - it's not as though they were desperate for funds - though appearing that way?![]()
As for sp market reaction - let's hope it's positive - if so, the uptakers are already smiling and of course holders may have a few too. Lets see how well the money will be spent next and how this current Q report shapes up.
In any event, at these levels, support does not seem to be a problem - though dilution means more SOI - could have been avoided. AIMO
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.03M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 7634205 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 994979 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 7634205 | 0.009 |
10 | 5668750 | 0.008 |
7 | 12930500 | 0.007 |
2 | 9835342 | 0.006 |
1 | 300000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 994979 | 5 |
0.011 | 1049415 | 3 |
0.012 | 3567956 | 5 |
0.013 | 4432189 | 5 |
0.014 | 3206402 | 6 |
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