No wonder they dropped this so late after the market closed. Just paid 5% dilution for the privilege of being able to dilute existing shareholders by another 50% based on current SP. That’s assuming the SP doesn’t plummet after this announcement or during next years possible recession. They did try to spin it well in the announcement. Ouch.
Ann: Yangibana Project Funding Update, page-3
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Last
22.0¢ |
Change
-0.010(4.35%) |
Mkt cap ! $38.80M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.0¢ | 22.0¢ | $222.2K | 994.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 105799 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 79532 | 1 |
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| Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
22.0¢ |
Change
-0.010 ( 6.34 %) |
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| Open | High | Low | Volume | ||
| 23.0¢ | 23.0¢ | 22.0¢ | 156889 | ||
| Last updated 15.56pm 31/05/2024 ? | |||||
| HAS (ASX) Chart |