Not that badly though. Number of shares would be under control and the funds would assist in growing future earnings.
The point I very badly tried to make it that a CR was needed and there was the real chance of the SP falling to the heavily discounted CR price. May aa well jump into the pool than putting a toe in - sometimes boldness is the key to a greater outcome. There would have been less a need to have another CR in the next 6 months as well.
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Last
0.2¢ |
Change
-0.001(20.0%) |
Mkt cap ! $3.665M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $1.278K | 639.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 18385489 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 6914191 | 10 |
View Market Depth
| Last trade - 14.33pm 18/06/2025 (20 minute delay) ? |
| MEL (ASX) Chart |