OK, so we all know they are going to raise capital very shortly. They have said so to the ASX.
The multi million dollar question is "Will they raise to non-shareholders at a large discount, or are they going to raise to shareholders at a discount?" Either way the common word I think we can all agree on is DISCOUNT.
In the past three months they have managed to get the share price at a 50% discount already. Somehow I think the market doesn't like the deals they are doing. But hey, there could be a massive pump like there was before the last CR. What are people's thoughts? Would you contribute more if directors weren't putting in substantial funds themselves?
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Open | High | Low | Value | Volume |
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---|---|---|
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1 | 298227 | 0.013 |
7 | 976537 | 0.012 |
5 | 1591093 | 0.011 |
7 | 2276308 | 0.010 |
9 | 1708887 | 0.009 |
Price($) | Vol. | No. |
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0.015 | 71000 | 1 |
0.018 | 328100 | 4 |
0.019 | 45789 | 2 |
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