They're raising $1.5m at 2.5c, I think fully underwritten - half from a placement to sophisticated investors (under the 15% limit) and half from a rights issue - so 60 million shares and about a 27% dilution.
This is as good as it could possibly be, in my opinion, given the circumstances: moderate dilution, but enough that they shouldn't (fingers crossed) need another raising before the income streams get going.
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22.0¢ |
Change
-0.010(4.35%) |
Mkt cap ! $183.7M |
Open | High | Low | Value | Volume |
23.5¢ | 23.5¢ | 22.0¢ | $28.76K | 127.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 100000 | 22.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.0¢ | 15364 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 100000 | 0.225 |
2 | 39207 | 0.220 |
3 | 100708 | 0.215 |
2 | 31223 | 0.210 |
1 | 50000 | 0.205 |
Price($) | Vol. | No. |
---|---|---|
0.230 | 15364 | 1 |
0.235 | 93164 | 2 |
0.240 | 69000 | 4 |
0.245 | 137000 | 3 |
0.250 | 100000 | 2 |
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