So as it stands it’s a $6m raise
(with the ability to take another $2mil in oversubscriptions via the placement)
Placement 50% of the raise + an entitlement offer 50% of the raise being a 1 for 13
At 1.25c
+
1:1 options - 3 yr expiry - 1.75c strike price
???!!!!
So basically just keeping lights on for now
And even if we eventually reach the production phase, we will be confined to sub 2 for many years to come
Looks like I can kiss my cash good bye
Now I understand why the golden Greek bailed out he didn’t want to have the stigma of this disaster directly attached to his tenure
Sorry for bleak commentary but I just can’t see it any different unless someone can give me a miracle realistic alternative?
Also I think I’m understanding why our new ADN boss hasn’t introduced himself or made an appearance. He obviously knows his on a doomed voyage
This is going to be pretty messy when the halt ends
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So as it stands it’s a $6m raise (with the ability to take...
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Last
0.7¢ |
Change
-0.001(12.5%) |
Mkt cap ! $24.00M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.7¢ | $10.00K | 1.312M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
61 | 28008736 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 3800000 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
56 | 27298736 | 0.007 |
26 | 8254823 | 0.006 |
16 | 14006199 | 0.005 |
5 | 7450000 | 0.004 |
3 | 8600000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 3800000 | 5 |
0.009 | 19919478 | 25 |
0.010 | 6164819 | 9 |
0.011 | 27226522 | 7 |
0.012 | 29515921 | 7 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
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