Wouldn't surprise me if Profittaker were correct.
They probably thought the PFS would send the sp skyward - then they'd cash in by doing a cap raising post-PFS.
Obviously, the opposite occured, and now they're stuck doing a cap raising at $1.
Will not be happy if this is the case.
Profittaker - can you give any more details? Who is are the investors? Which brokerage house is doing the raising?
Wouldn't surprise me if Profittaker were correct.They probably...
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Last
19.5¢ |
Change
-0.005(2.50%) |
Mkt cap ! $450.5M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.5¢ | 19.3¢ | $868.6K | 4.398M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 131969 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 2059581 | 13 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| ARU (ASX) Chart |