I think there is an additional 10% limit if shareholders have previously approved by special resolution.
Given we issued 9m shares in September it means if they want tap an additional 10% share issue without approval, and they want to raise $50m, then they need to raise at around $8 a share.
Bring it on.
Capital Raising, page-18
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add EOS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.50 |
Change
-0.030(1.96%) |
Mkt cap ! $289.4M | |||
| Open | High | Low | Value | Volume |
| $1.51 | $1.53 | $1.49 | $382.3K | 253.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1187 | $1.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.50 | 344 | 1 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| EOS (ASX) Chart |