Ok boys, lets see the positive spin on this one...
Issuing another 325mil shares (180mil now) for 1c.
Thats right. 1c.
Plus, the company doing the issue gets 20mil shares and $150k if they can find enough people to invest $3mil.
I ask, why not go to existing shareholders rather than essentially sell 2/3rds of the business for $3mil? Thats what theyve done.
Biggest dog on the ASX!!!
- Forums
- ASX - By Stock
- AWS
- announcement very bad
AWS
australian waterwise solutions ltd
announcement very bad
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Currently unlisted public company.
The Watchlist
P.HOTC
HotCopper
Frazer Bourchier, Director, President and CEO
Frazer Bourchier
Director, President and CEO
SPONSORED BY The Market Online