All holders deserve to be frustrated, this certainly caught me by surprise. But I think some holders are blowing this out of proportion, there is no reason for the SP to crash "below the CR price", or even close to some calls here (8c, 5c). This $15m was snapped up at 11c on a Sunday afternoon, I think it's unlikely we see it drop below 11c. Remain calm, companies CR all the time and sometimes it's the strength they need for the next push forward (LTR comes to mind).
Like many others, I keenly await an explanation this morning. I will reserve my judgement until I know more.
cap raise, page-65
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Last
16.0¢ |
Change
0.005(3.23%) |
Mkt cap ! $38.96M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.0¢ | 15.5¢ | $40.76K | 260.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 50778 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 20036 | 1 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| NVA (ASX) Chart |