if they do a capital raising (for example $3m) at current levels it will ruin the tight capital structure (41m shares) and force them to issue approx 23m shares which is over half their current issued total. dont forget that it is for a relatively small amount as well
if they do a capital raising (for example $3m) at current levels...
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Last
8.3¢ |
Change
-0.008(8.79%) |
Mkt cap ! $177.3M | |||
| Open | High | Low | Value | Volume |
| 9.0¢ | 9.0¢ | 8.3¢ | $4.722M | 56.06M |
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| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1606055 | 8.3¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 8.6¢ | 110070 | 6 |
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