It is good to offer more shares to, and hopefully gain support from, sophisticated investors at a higher price to add to the bank balance. If it is a positive move, the CR should also be made available to shareholders. A RI would raise much more cash and benefit the company and holders as well. It is a win-win situation.
It is good to offer more shares to, and hopefully gain support...
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Mkt cap ! $3.690M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 214857 | 0.7¢ |
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| Price($) | Vol. | No. |
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