Considering how tight the shares are held and how difficult it would be to get say 5 million shares without impacting the SP much a CR would certainly be successful at a significant premium to current SP.
Money raised this way would certainly accelerate any planned production and I would welcome it, providing that the CR is at a premium. There is no reason that I can see why you would offer at a discount.
Anyway this is pure speculation and likely not to happen. Such a good company this one.
investor roadshow, page-45
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Last
46.0¢ |
Change
0.015(3.37%) |
Mkt cap ! $194.0M | |||
| Open | High | Low | Value | Volume |
| 45.0¢ | 46.5¢ | 44.5¢ | $580.6K | 1.274M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11672 | 45.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.5¢ | 16173 | 1 |
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| VYS (ASX) Chart |