Hi Moly, I have read it and don't fully understand how the lower...

  1. 1,119 Posts.
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    Hi Moly, I have read it and don't fully understand how the lower price affects the issue qty? Is this because the lower the current sp price the lower the issue price per share thus requiring more shares to realise a certain level of capital?
    I suppose people would be more likely to partake if the issue price was lower.
    If you are correct it may be that the results and other updates are being deliberately delayed until the capital raising has been arranged and approved?

    Nonetheless if the results were to come out and the price ran the 500k sell would get chomped quite quickly if it remained in place. So as discussed previously one would think it is a false order for one reason or another....?
 
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Last
0.8¢
Change
-0.001(11.1%)
Mkt cap ! $5.686M
Open High Low Value Volume
0.8¢ 0.9¢ 0.8¢ $6.668K 812.8K

Buyers (Bids)

No. Vol. Price($)
13 1449454 0.8¢
 

Sellers (Offers)

Price($) Vol. No.
0.9¢ 10000 1
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Last trade - 16.10pm 25/07/2025 (20 minute delay) ?
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