It could have been worse. But it explains why the share price had not moved.
The equity was not 'in the right hands' yet to allow a rerate.
They could easily have structured this as $15m now, and $20m options at 40c for example.
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Last
49.0¢ |
Change
0.020(4.26%) |
Mkt cap ! $163.1M | |||
| Open | High | Low | Value | Volume |
| 47.5¢ | 49.0¢ | 47.5¢ | $93.80K | 191.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 32061 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 9999 | 1 |
View Market Depth
| Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
| AUE (ASX) Chart |