The thing that also comes to my mind is that all the existing shareholders including top 20 are in the same position. I feel they will fight to be able to recoup some of the money. Remember it has been systematically sold down to 3 cents, has that every been investigated?
If the share was still 8 or 10 cents, a raise could have been completed at higher price .
A loan with interest payable and less shares issued would be a better result for all existing shareholders IMO
The thing that also comes to my mind is that all the existing...
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Last
33.0¢ |
Change
0.020(6.45%) |
Mkt cap ! $41.52M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 34.0¢ | 31.0¢ | $120.6K | 365.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5374 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 50000 | 1 |
View Market Depth
| Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
| TNC (ASX) Chart |