I'm just wondering what they will do if, or should that be 'when', the CR is not fully subscribed. If the Perth broker is taking up $1.2 million then that makes 171 M shares but logically who on earth else is going to be taking it up when you can buy it for cheaper on the market and it's still falling???
Who knows, it could be down to .002 by next week at the current rate of travel.
I'm just sorry I didn't manage to sell off all my rights, at least I would have made something!
I was surprised they didn't at least make some effort to get the price up a bit with some sort of a weak announcement. Surely they realised that would attract a few takers for the rights issue if the price would be a bit higher.
Whole thing has been so mismanaged!
Company Changing Announcement, page-74
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Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.312M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.3¢ | $2.792K | 214.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 144099 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 1155828 | 7 |
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| Last trade - 12.53pm 22/08/2024 (20 minute delay) ? |
| VSR (ASX) Chart |