While the company has previously rejected this suggestion, with the conditions deteriorating and the request to overturn the company management by several institutional Investors, I feel this might be a consideration right now. A 1:8 CR at $5.50 can raise 500 M and can solve a lot of problems.
Capital Raising
Add LLC (ASX) to my watchlist
 (20min delay)
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Last
$5.54 |
Change
-0.005(0.09%) |
Mkt cap ! $3.811B | |||
| Open | High | Low | Value | Volume |
| $5.57 | $5.57 | $5.51 | $2.878M | 515.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 9275 | $5.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.54 | 14525 | 36 |
View Market Depth
| Last trade - 12.12pm 14/06/2024 (20 minute delay) ? |
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Last
$5.53 |
Change
-0.005 ( 0.10 %) |
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| Open | High | Low | Volume | ||
| $5.56 | $5.56 | $5.51 | 95207 | ||
| Last updated 12.30pm 14/06/2024 ? | |||||
| LLC (ASX) Chart |