"So why are we issueing shares a 1.5 cents. Doesn't make sense does it?
Computer says no...to resolutions 1 and 2...for me."
We need the money now and there's no way anyone was going to pay a premium to the closing price before the trading halt. And, let's be honest, neither was Kieran Rogers.
The question is: "What's the alternative"? No-one will lend INL money so its that or administration as far as I can tell
news article, page-5
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Last
48.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $92.05M | |||
| Open | High | Low | Value | Volume |
| 48.0¢ | 48.5¢ | 48.0¢ | $3.344K | 6.954K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30 | 48.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.5¢ | 20589 | 2 |
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| Last trade - 15.46pm 06/09/2024 (20 minute delay) ? |
| SDV (ASX) Chart |