Oh, I didn't think of that.
Yes, ok, well that puts a limit on the amount of the CR and what they can do with it.
Assuming a 5 cent CR price and 2 billion shares currently outstanding....
So if they go before July 31, then FBR are limited to $25 million cap raise.
If they go after July 31, then FBR are limited to $15 million cap raise.
Big incentive to go before July 31 then.
Oh, I didn't think of that. Yes, ok, well that puts a limit on...
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Last
2.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $106.6M | |||
| Open | High | Low | Value | Volume |
| 2.5¢ | 2.5¢ | 2.3¢ | $110.7K | 4.575M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 7238380 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 692096 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| FBR (ASX) Chart |