At $0.40, that's quite a few shares Kristy and Dennis will need to issue in 2021 to stay liquid to ASX requirements.
Talk about wealth dilution.
Last insto raise in Sept 2020 was $28.3M @ $0.80 => 35M Shares.
2021 raise could be $25.0M @ $0.45 => 55M Shares, but they'll really start to struggle to get instos onboard now.
Is it :
Kristy Karasavvidis or
Lazarus Carr
At $0.40, that's quite a few shares Kristy and Dennis will need...
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Last
13.0¢ |
Change
0.010(8.33%) |
Mkt cap ! $115.9M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.5¢ | 12.3¢ | $1.257M | 9.836M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 267089 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 1368314 | 26 |
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| BUB (ASX) Chart |