Theoretical share price post issue of new shares is 0.165 based on a pre-issue SP of 0.19.
Calculation as follows.
577m shares currently on issue x 0.19 = $109.6m
86.5m new placement at 0.155 = $13.4m cash
663.5m shares eligible for rights issue
=> 398.1m shares issued under rights issue at 0.135 = $51.8m cash
new total shares on issue = 1,061.6m
new market cap = $174.8m (109.6+13.4+51.8)
new share price post issue = $0.165 (174.8/1061.6)
Massive dilution, nearly doubling the number of shares on issue.
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Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $59.56M |
Open | High | Low | Value | Volume |
10.5¢ | 10.5¢ | 10.5¢ | $5.25K | 50K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 834999 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 24284 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 834999 | 0.100 |
1 | 60000 | 0.098 |
1 | 89600 | 0.095 |
1 | 7789 | 0.091 |
2 | 111125 | 0.090 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 24284 | 1 |
0.110 | 105603 | 4 |
0.115 | 4500 | 1 |
0.120 | 242648 | 1 |
0.130 | 33 | 1 |
Last trade - 11.47am 19/07/2024 (20 minute delay) ? |
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