Because it maximises the dilution thereby transferring more wealth from existing holders to those that get allocated shares in the next CR.
You know the ones.... wording like ....Please to advise shares allocated to select existing investors Institutional and sophisticated......
Because it maximises the dilution thereby transferring more...
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Last
1.6¢ |
Change
-0.002(11.1%) |
Mkt cap ! $27.05M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.8¢ | 1.6¢ | $46.90K | 2.733M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 3273020 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 272023 | 2 |
View Market Depth
| Last trade - 16.10pm 25/04/2024 (20 minute delay) ? |
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Last
1.7¢ |
Change
-0.002 ( 2.86 %) |
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| Open | High | Low | Volume | ||
| 1.7¢ | 1.8¢ | 1.7¢ | 1565226 | ||
| Last updated 14.11pm 25/04/2024 ? | |||||
| ARV (ASX) Chart |