So 22m Ord shares will be issued to raise $8m
221m currently on issue.
Normally a prime candidate for an entitlement offer.
The fact they are dishing out oppies attached is a concern. Instos will flick these ASAP and just keep the oppies in case they are in the money by the expiry.
Needs to come with an outlined capital management plan including some pay cuts.
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Last
12.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $29.26M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.0¢ | 12.0¢ | $5.694K | 47.44K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 39718 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 125995 | 5 |
View Market Depth
| Last trade - 11.09am 25/06/2025 (20 minute delay) ? |
| WR1 (ASX) Chart |