EOF 2.70% 3.8¢ ecofibre limited

There is 1 very small dilution event coming up in (I think)...

  1. 1,119 Posts.
    lightbulb Created with Sketch. 221

    There is 1 very small dilution event coming up in (I think) September which was known prior to listing.


    Other than this, I think the large holders would be very averse to a dilution unless it was absolutely needed there was no other option (which I highly doubt will ever be the case for EOF), or the raising was for a very big purchase which was being funding from also listing on the NASDAQ or something very big.....


    I would still conclude that the continued strength today is due to your bagless cat who has hailed a taxi to the airport, enjoyed a wine in the business lounge and is now boarding a flight to Kentucky with the quarterly figures in the carry on luggage.....

 
watchlist Created with Sketch. Add EOF (ASX) to my watchlist
(20min delay)
Last
3.8¢
Change
0.001(2.70%)
Mkt cap ! $14.39M
Open High Low Value Volume
3.7¢ 3.8¢ 3.7¢ $900 24.18K

Buyers (Bids)

No. Vol. Price($)
1 96010 3.7¢
 

Sellers (Offers)

Price($) Vol. No.
3.9¢ 500 1
View Market Depth
Last trade - 15.45pm 14/08/2024 (20 minute delay) ?
EOF (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.