Haven't seen the term sheet yet other than the news report. Currently 595m shares on issue. With a placement capacity of 15% - assuming they use it in full - that's only ~89m new shares at 4c, raising ~$3.5m. Will that coupled with the Ocean Partners funding be enough to get them to meaningful results, or will they seek shareholder approval to go over the capacity limit for a larger one off dilution this time? Longs will be hoping it's not back to the days of a new CR every quarter or two to pay the wage bill.
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Last
3.8¢ |
Change
0.002(5.56%) |
Mkt cap ! $28.29M | |||
| Open | High | Low | Value | Volume |
| 3.6¢ | 3.8¢ | 3.5¢ | $136.2K | 3.777M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1307911 | 3.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.8¢ | 219999 | 2 |
View Market Depth
| Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
| AW1 (ASX) Chart |