As a shareholder I'm sure you will have considered asking why the market (retail shareholders) are not able to participate in the $30M raising. Assuming the answers to my questions go the way I anticipate and the market will NOT be tapped for the 30M.
My figures of current cash holdings and the $3M minimum working capital covenant are based on the ASX anny's so he should be able to give you straight answers. As a holder you have a right to know who will be buying 30Million+ shares in the company and why/if you were not given the chance to participate and therefore maintain your relative ownership of the co.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$2.78 |
Change
0.010(0.36%) |
Mkt cap ! $571.0M | |||
| Open | High | Low | Value | Volume |
| $2.83 | $2.88 | $2.76 | $2.763M | 984.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4900 | $2.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.81 | 5000 | 1 |
View Market Depth
| Last trade - 16.10pm 14/07/2025 (20 minute delay) ? |
| BMN (ASX) Chart |