“They can't cap raise more than 15% per 12 months.”
I could be wrong but I thought that under Listing Rule 7.1, a company has the ability to place equity securities up to 15% of its existing issued capital in any 12-month period and then under Listing Rule 7.1A, a company can seek approval at its annual general meeting each year to issue equity securities equal to a further 10% of its issued capital, subject to certain conditions.
https://www.asx.com.au/documents/rules/Chapter07.pdf
DYOR
Ann: Up to A$20 Million Equity Raising, page-130
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Last
6.4¢ |
Change
-0.001(1.54%) |
Mkt cap ! $106.1M | |||
| Open | High | Low | Value | Volume |
| 6.5¢ | 6.5¢ | 6.2¢ | $314.3K | 4.954M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1898303 | 6.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.4¢ | 41179 | 1 |
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| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
6.4¢ |
Change
-0.001 ( 2.29 %) |
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| Open | High | Low | Volume | ||
| 6.5¢ | 6.5¢ | 6.2¢ | 1653793 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| LKE (ASX) Chart |