Only thing that will sting is the dilution this raise will introduce an additional 32% into the share pool. Assuming all 442.5m shares are issued, currently with the the .45c options (which I have a feeling will all be exercised before expiry 12-2-2023), performance rights and the various options with VARYING DATES EX VARIOUS PRICES the total SOI will be around the 1.725b mark.
Theoretically speaking we should see a retraction in the SP to reflect the dilution but as we all know, it won't
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Last
11.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $225.0M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.0¢ | 10.5¢ | $169.9K | 1.603M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 1256406 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 1423596 | 20 |
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| Last trade - 11.35am 07/07/2025 (20 minute delay) ? |
| CXO (ASX) Chart |