It was inevitable. I hope the following occurs.
-raise the bare minimum required to avoid dilution
-raise at either a premium or the same price as the last cap raise
-a bigger fish uses the cap raise to take a position in ODY
This cap raise probably going to put us over the billion shares mark. In this environment, they should not be discounting too much, but if they are desperate I guess they don't have much choice.
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Last
1.7¢ |
Change
-0.001(5.56%) |
Mkt cap ! $18.77M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.8¢ | 1.7¢ | $68.47K | 4.019M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 2435294 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 134215 | 1 |
View Market Depth
| Last trade - 16.11pm 04/07/2025 (20 minute delay) ? |
| ODY (ASX) Chart |