Nothing to fear? I'd be petrified if there was yet another CR.
But each to their own.......
It depends entirely on what the funds are used for. If they are employed in making money for the company then that has to be good.
But if the directors just repay some debt and fritter it away then that's obviously bad.
I'm not sure how you can assess a raising until you know what it is going to be used for. As I said earlier its a pity directors don't use the renounceable rights route any more.
It always comes down to how smart the directors are.
Nothing to fear? I'd be petrified if there was yet another...
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Last
18.0¢ |
Change
0.005(2.86%) |
Mkt cap ! $30.44M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.0¢ | 17.5¢ | $11.33K | 63.25K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 71347 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 52656 | 2 |
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| Last trade - 13.25pm 09/09/2024 (20 minute delay) ? |
| ODA (ASX) Chart |