The cr ratio wasn't 1:1, it was 1.5:1
Your math is wrong too.
They had 135M shares pre raise and the currently have 339M shares on issue, so they added 205M
135M shares at $17 per share = $2.3b .. divide that by the current shares on issue .. $2.3b / 339M = $6.77
So if they reached the market cap that they were at their all time peak the price would be $6.77 with todays amount of shares on issue.
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$4.50

The cr ratio wasn't 1:1, it was 1.5:1Your math is wrong too.They...
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Last
$4.50 |
Change
-0.020(0.44%) |
Mkt cap ! $1.626B |
Open | High | Low | Value | Volume |
$4.50 | $4.52 | $4.43 | $18.37M | 4.092M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 424962 | $4.50 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.52 | 21617 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 34532 | 4.480 |
1 | 4000 | 4.450 |
1 | 4000 | 4.440 |
1 | 1000 | 4.430 |
1 | 10000 | 4.410 |
Price($) | Vol. | No. |
---|---|---|
4.570 | 1000 | 1 |
4.630 | 12463 | 3 |
4.680 | 2500 | 1 |
4.700 | 4097 | 2 |
4.720 | 3200 | 1 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
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WEB (ASX) Chart |