SPX 10.0% 1.1¢ spenda limited

"Care to show the working on that math??Whether you count the...

  1. 1,335 Posts.
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    "Care to show the working on that math??

    Whether you count the $18m placement in Feb 2021 (which came before the share price peak) or not, I don't get close to $50m in cap raises since the SP hit it's high in 2021."


    Ha ha.
    You must be joking.... right?

    A quick glance through the ASX announcements shows the following raises just in the remainder of 2021:


    4 June 2021 825M
    shares @6.7c to raise $55.4M for Appstablishment acquisition.
    5 July 2021 133M shares @7.5c to raise $10M for Invigo acquisition.
    14 September 2021 24M shares @6.2c to raise $1.5M for Greenshoots acquisition.


    That's a total of $67M for the remainder of 2021, not including options exercised.
    How's the working on that math??
    Would you like me continue through to today?
    Last edited by wrcmad: 18/08/24
 
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