Looks legit.
Which means that once the 10% is approved, the company will have the ability to issue 25% of shares on issue next year.
Now that we have positive results from phaseII , I am reluctant to see a dilution in my holding.
Mind you, I would not be too fussed if they issued shares when the SP was at 50c to raise funds if needed and maximise shareholder equity in the company.
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Looks legit.Which means that once the 10% is approved, the...
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Mkt cap ! $94.66M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 9.8¢ | $58.09K | 574.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 38503 | 10.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 194063 | 5 |
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