What are we thinking:
BYE @29c = $11.4m
Post placement cash circa 0.5m? (noting that they would've used a chunk for Vali)
SPP of $2-5m?
Vali value of circa $20-25m?
That'd be $34-42m with shares on issue of between 520m and 640m...
With $2m SPP that's 6.5cps (20m Vali) to 7.5cps (25m Vali)
With $5m SPP that's 5.8cps to 6.6cps...
With no Vali value: 2.7cps.
SPP looking like good value atm.
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.665M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.2¢ | $7.983K | 3.511M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 9582429 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 11398095 | 12 |
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| Last trade - 11.48am 26/06/2025 (20 minute delay) ? |
| MEL (ASX) Chart |