ELS 1.35% 37.5¢ elsight limited

Has ELS just taken us for a Ride?

  1. 94 Posts.
    lightbulb Created with Sketch. 21
    The company raised 11 mio net.

    We - shareholders - paid 657'000 AUD

    The company granted them 11 mio ELSOA - let's be very conservative and assume they are worth 15 cts

    I make the value of the options 1.65 mio AUD

    Total cost to shareholders - 2.3 mio AUD to raise 11 mio - or expressed differently and 21% of proceeds raised.


    Am I wrongly thinking that we have just been had?
 
watchlist Created with Sketch. Add ELS (ASX) to my watchlist
(20min delay)
Last
37.5¢
Change
0.005(1.35%)
Mkt cap ! $55.78M
Open High Low Value Volume
36.5¢ 37.5¢ 36.5¢ $10.51K 28.74K

Buyers (Bids)

No. Vol. Price($)
1 12648 36.5¢
 

Sellers (Offers)

Price($) Vol. No.
38.0¢ 23255 1
View Market Depth
Last trade - 11.24am 22/05/2024 (20 minute delay) ?
Last
37.5¢
  Change
0.005 ( 4.17 %)
Open High Low Volume
36.5¢ 37.5¢ 36.5¢ 5221
Last updated 12.24pm 22/05/2024 ?
ELS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.