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?
Has ELS just taken us for a Ride?
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Last
37.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $55.78M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30505 | 36.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.5¢ | 5638 | 1 |
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| Last trade - 10.20am 22/05/2024 (20 minute delay) ? |
| ELS (ASX) Chart |
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