EYE 4.35% 22.0¢ nova eye medical limited

Yes, however, you might have seen here on HC how things progress...

  1. 1,555 Posts.
    lightbulb Created with Sketch. 164
    Yes, however, you might have seen here on HC how things progress from a simple enquiry like yours building into "the company has (insert game-changing development here)" as posters get excited.

    It's a good question though. It certainly would take the market by surprise and have the ASX looking closely at ramping due to the timing. But I 'assume' if everything was legally signed off, it 'should' be possible for a company. It is not something I've seen before because I guess any likely market sensitive developments would be 'slowed up' to get the CR done first.

    I couldn't find an answer. The best I could find is...
    "There are a number of content changes to the updated form of Appendix 3B which are useful reminders to entities undertaking capital raisings of the need to ensure appropriate consultation with ASX is undertaken for new classes of securities, that there is sufficient capacity under Listing Rule 7.1 or Listing Rule 7.1A to undertake the issue, and that the position as to on-sale of the securities is determined and disclosed."


    But why would they do it now. Just logically, if they were close to a partnership (ie in the next 3 months), why do a CR - makes no sense to me.


 
watchlist Created with Sketch. Add EYE (ASX) to my watchlist
(20min delay)
Last
22.0¢
Change
-0.010(4.35%)
Mkt cap ! $50.34M
Open High Low Value Volume
24.0¢ 24.0¢ 22.0¢ $170.5K 753.5K

Buyers (Bids)

No. Vol. Price($)
8 264524 22.0¢
 

Sellers (Offers)

Price($) Vol. No.
22.5¢ 63154 2
View Market Depth
Last trade - 16.10pm 07/06/2024 (20 minute delay) ?
Last
22.0¢
  Change
-0.010 ( 6.38 %)
Open High Low Volume
23.0¢ 23.5¢ 22.0¢ 293179
Last updated 15.58pm 07/06/2024 ?
EYE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.