Dilution is an issue for those that couldn’t maintain their percentage in the company, 25% was required to do that.
So if you had 100,000 shares you needed to part with $10,750 to keep your percentage in the company the same.
True believers would have increased their % ownership positions and lowered their averages by a reasonable amount.
EYE is perfect example of how quickly a SP can bounce back.
Dilution is an issue for those that couldn’t maintain their...
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Last
25.5¢ |
Change
0.010(4.08%) |
Mkt cap ! $89.19M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 26.0¢ | 24.5¢ | $65.17K | 254.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 64000 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 14407 | 2 |
View Market Depth
| Last trade - 16.10pm 01/08/2024 (20 minute delay) ? |
| PAR (ASX) Chart |