Given the ATM facility could provide more funds with better conditions than this latest CR, you've got to ask whether there has been a breakdown in the relationship with Acuity. Perhaps management weren't impressed to discover Acuity was also shorting the stock?Really bizarre they didn't draw down the entire ATM first given the built-in discount. Perhaps they can only draw down in installments and needed the extra cash?
It's all very strange.
Ann: Trading Halt, page-76
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Last
14.0¢ |
Change
0.010(7.69%) |
Mkt cap ! $70.93M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 14.0¢ | 12.5¢ | $284.5K | 2.130M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 134586 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 430000 | 6 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| GLN (ASX) Chart |