I have NO problem with a cap raising in excess of the current share price and as part of an offtake deal with a customer- it locks in the customer so he benefits from his own enterprise- more such deals would make sense to me. However each of the raisings can be approved by shareholders as they occur, the possibility of increasing the shares by 20-25% in order to protect the incumbent directors, thwart a rightful attempt to gain a director fom a 19.9% shareholder and thus dilute the shareholder value does not suit me or more than 77% of shareholders, unless they are also FAS shareholders!! GWR do not need additional cash at present, they have over 20 mill in the bank and another 20+ mill to come from the chinese.
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Last
7.7¢ |
Change
-0.002(2.53%) |
Mkt cap ! $24.73M |
Open | High | Low | Value | Volume |
7.6¢ | 7.7¢ | 7.6¢ | $15.85K | 208.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 138000 | 7.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.5¢ | 200000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 138000 | 0.077 |
3 | 258275 | 0.076 |
1 | 41666 | 0.072 |
1 | 14285 | 0.070 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.085 | 200000 | 1 |
0.091 | 1260 | 1 |
0.095 | 107746 | 1 |
0.100 | 29000 | 1 |
0.110 | 285659 | 2 |
Last trade - 13.09pm 26/07/2024 (20 minute delay) ? |
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GWR (ASX) Chart |