EVS 0.00% 5.5¢ envirosuite limited

Capital raising, page-21

  1. 33,578 Posts.
    lightbulb Created with Sketch. 1765
    "Just concerned about the dilution and sp drop as a result. Why buy at 9c when I could get it at 8c."

    Company has a cap of $21M and would only need guessing $3M at most for a cap raise to have a longer runway (unless they are on buying out another company ) so to me increasing the shares on issue by 15% is not much dilution .

    As to the $15K that is a maximum not a minimum , ie hypothetically IF the company went with a $15K maximum per retail investor ,then if you as an investor had only $1000 invested before the cut off period then you would be entitled to purchase up to $15K in rights , while someone with $30k would still only be allowed up to $15K in rights.
 
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