But isn't it true that if an equity partner is brought on through issuance of additional shares (to reach a 49% max equity holding) that the additional dilution will be reflected in an overall lower price? In order for an equity partner to hold 49% additional shares roughly equal to the total current issued shares would need to be issued to the equity partner. I hope I'm wrong with that analysis so please correct me if that is the case.
CLQ: A Multibagger in the Making [2019 Bull Run], page-524
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Last
45.0¢ |
Change
-0.020(4.26%) |
Mkt cap ! $40.60M | |||
| Open | High | Low | Value | Volume |
| 47.0¢ | 47.0¢ | 43.0¢ | $15.04K | 33.20K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11970 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 3946 | 1 |
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| Last trade - 16.10pm 10/09/2024 (20 minute delay) ? |
| SRL (ASX) Chart |