Good question Fish'.
It all comes down to how much value is added to the Company when a fund raising takes place. If none is added - its bad.
If it adds more to value (as %) then the dilution of ownership (as a %age), then its a good thing & SP should go up (& visa versa)
A smaller piece of a bigger pie can be a good thing - it depends how much bigger the pie is?
Personally I don't mind cap raising & dilution in the NAGs context, because I see it as fast tracking NAGs to future profits which to me is the priority. That is - creating a much bigger pie is much more important to me then the %age of the pie that I own.
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Last
0.7¢ |
Change
-0.001(12.5%) |
Mkt cap ! $5.576M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.7¢ | $18.62K | 2.595M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 5217930 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 260000 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 5217930 | 0.007 |
1 | 250000 | 0.006 |
2 | 550000 | 0.005 |
2 | 750000 | 0.004 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 260000 | 3 |
0.009 | 490000 | 2 |
0.010 | 1213789 | 3 |
0.011 | 86000 | 2 |
0.012 | 988165 | 3 |
Last trade - 14.19pm 23/07/2024 (20 minute delay) ? |
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