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.
But isn't it true that if an equity partner is brought on...
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Last
33.0¢ |
Change
0.010(3.13%) |
Mkt cap ! $29.77M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 34.5¢ | 32.5¢ | $72.84K | 214.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9387 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 3073 | 1 |
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| Last trade - 15.52pm 28/06/2024 (20 minute delay) ? |
| SRL (ASX) Chart |