“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
“They can't cap raise more than 15% per 12 months.”I could be...
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Last
6.5¢ |
Change
-0.002(2.99%) |
Mkt cap ! $107.8M | |||
| Open | High | Low | Value | Volume |
| 6.7¢ | 6.7¢ | 6.4¢ | $370.0K | 5.681M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 448530 | 6.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.6¢ | 532531 | 7 |
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| Last trade - 16.10pm 23/05/2024 (20 minute delay) ? |
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Last
6.6¢ |
Change
-0.002 ( 2.24 %) |
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| Open | High | Low | Volume | ||
| 6.6¢ | 6.6¢ | 6.4¢ | 1960831 | ||
| Last updated 15.58pm 23/05/2024 ? | |||||
| LKE (ASX) Chart |