I hate this stuff. Have been burnt too often by this.
For those less familiar with C.R.'s:-
Small shareholders wonder why the shareprice is relentlessly heading south, then a trading halt pending an announcement (usually says in relation to capital management) then the dreaded large number of shares (sometimes with attached options) issued to clients of the issue organiser at a substantial discount to the current shareprice.
After the newly issued shares trade the shareprice drifts invariably falls down to the capital raise price (as new shareholders offload their newly acquired shares for a quick 10% or 20% profit). Existing shareholders suffer both a fall in shareprice and dilution in the equity they had in the company. I suspect Canaccord Genuity will be behind the next capital raise.
- Forums
- ASX - By Stock
- VMS
- CR !!!!
CR !!!!, page-2
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VMS (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.8¢ |
Change
0.001(5.88%) |
Mkt cap ! $43.90M |
Open | High | Low | Value | Volume |
1.8¢ | 1.8¢ | 1.7¢ | $6.356K | 361.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
23 | 4601066 | 1.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.8¢ | 3385444 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
23 | 4601066 | 0.017 |
16 | 3011695 | 0.016 |
7 | 2507162 | 0.015 |
3 | 1250000 | 0.014 |
5 | 1994067 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.018 | 3385444 | 4 |
0.019 | 1193568 | 6 |
0.020 | 1401795 | 7 |
0.021 | 1166000 | 2 |
0.022 | 2608154 | 6 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
Featured News
VMS (ASX) Chart |