If they need to raise $60 million at say $2 per share this will add 30 million shares to the existing 219 million which is an extra 13.7%. Therefore I don't see how the threat of such a cap raise can be an explanation for the dismal share price
If they need to raise $60 million at say $2 per share this will...
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Last
29.0¢ |
Change
-0.005(1.69%) |
Mkt cap ! $101.4M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 29.3¢ | 28.0¢ | $57.32K | 198.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12454 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 4443 | 1 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| PAR (ASX) Chart |