EVS 1.85% 5.5¢ envirosuite limited

Capital raising, page-21

  1. 33,578 Posts.
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    "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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5.5¢
Change
0.001(1.85%)
Mkt cap ! $69.75M
Open High Low Value Volume
5.3¢ 5.6¢ 5.3¢ $12.44K 227.5K

Buyers (Bids)

No. Vol. Price($)
2 75063 5.4¢
 

Sellers (Offers)

Price($) Vol. No.
5.7¢ 205947 2
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