Even less Eddie
The raising will be 44m at 12.5c for $5.5m
Which is 5.7% dilution
Which at last closing price is .155/5.7 = 0.008 cents
Which is 14.7 cents sp
Now add the new cash per share
814m shares - Extra 5.5m = .006 cents
Gives you post raising price of
.153 cents
And thats with $5.5m in the bank and big deals coming
If you sell now I have no idea why
cr great for accelerating progress for ado, page-133
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2.1¢ |
Change
-0.002(8.70%) |
Mkt cap ! $52.28M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.2¢ | 2.1¢ | $20.83K | 964.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2247357 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 164375 | 3 |
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| ADO (ASX) Chart |