Also important to see, how much shareholders will get diluted.
I don't think it will be very much compared to our current market cap.
Maybe a couple of millions to speed things up, which seems just the right step, as this point in time.
Will be interesting who will become the new shareholder(s) ?!
IMO good idea to erase any potential future speculation about possibly running out of cash in 1-2 years time, when signed deals will take time to translate into cash-flow.
Who knows what the markets (and thus the possibility to raise cash) look like in 2014/2015 with all this money printing and debt we have in the system nowadays.
We shouldn't forget, that even if Mix & Go becomes a part of all future BBI products for example,these will be new products and thus need a little until they substitute the old flow tests.
I will wait for the details until I reach a final verdict, but i guess it is a strategic decision from management and i tend to see this positive.
- Forums
- ASX - By Stock
- ADO
- capital raising
capital raising, page-30
-
- There are more pages in this discussion • 89 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ADO (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $52.28M |
Open | High | Low | Value | Volume |
2.1¢ | 2.2¢ | 2.0¢ | $12.51K | 612.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 1790998 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.1¢ | 32423 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 1790998 | 0.020 |
8 | 1727381 | 0.019 |
4 | 468115 | 0.018 |
2 | 64748 | 0.017 |
1 | 420000 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 700616 | 2 |
0.023 | 322844 | 5 |
0.024 | 741966 | 3 |
0.025 | 1118820 | 11 |
0.026 | 291415 | 3 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
Featured News
ADO (ASX) Chart |