Even Kiril will be seeing the writing on the wall now.
The last raise ($12M at 20c) was supposed to be used for M&A. Here they are issuing free 1-1 options (1.8c strike, 3 year term, ouch) to raise only $1.5M… for an acquisition. And using Evolution Capital again… so the raise is going to flippers not sticky hands.
Don’t say you weren’t warned.
Ann: Trading Halt, page-19
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Last
1.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $25.20M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 1.9¢ | 1.9¢ | $43.85K | 2.308M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 5060693 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 871325 | 5 |
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| Last trade - 16.10pm 05/11/2024 (20 minute delay) ? |
| VR1 (ASX) Chart |