They raised $6.3m by issuing only 8.6m shares. 73c price! Any shareholder willing to pay that premium?
They did some fancy block trade thing, but at the end of the day, they raised $6.3m with minimal dillution. If that’s not taking care of shareholders I don’t know what is.
If the raise was straight up 35c, they would’ve needed to issue 18m shares. Just think about how good this raise was done.
They raised $6.3m by issuing only 8.6m shares. 73c price! Any...
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Last
8.7¢ |
Change
-0.008(8.42%) |
Mkt cap ! $25.36M | |||
| Open | High | Low | Value | Volume |
| 9.5¢ | 9.5¢ | 8.7¢ | $55.39K | 620.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 90000 | 8.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.9¢ | 55000 | 1 |
View Market Depth
| Last trade - 15.19pm 29/04/2024 (20 minute delay) ? |
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Last
8.6¢ |
Change
-0.008 ( 9.95 %) |
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| Open | High | Low | Volume | ||
| 9.2¢ | 9.3¢ | 8.6¢ | 194759 | ||
| Last updated 15.26pm 29/04/2024 ? | |||||
| CY5 (ASX) Chart |