As mentioned within the last quarterly, a capital raising must be very, very close.
Perhaps within days.
I'm wondering if a rights issue or SPP is attached to a soph. placement, when the record date may be.
Even in today's markets, it's once again looking fairly cheap and I'm pondering whether to buy a few for a potential SPP where non-holders may be potentially locked out of a discounted price.
Risky, as the price, may well be in the 5s, yet if they can raise for example $10m, I just wonder how the market may react.
Imminent capital raising
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Mkt cap ! $13.98M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $10.75K | 1.071M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 40 | 9296778 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 1.0¢ | 397849 | 2 |
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| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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| Last updated 15.59pm 07/05/2024 ? | |||||
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