Looks like I'm wrong.
The 15% is the maximum the company can raise without requiring the shareholders to convene a special meeting.
They only issued 20million at 10cents raising $2million. This is less than the 15% talked about.
More dilution ... not as bad as the last round at 5cents.
The deal remains .. real soon now ...
(Board Room Radio had a piece, from November, which indicates that "more than half a dozen" (ie 7 !?!) deals are on the table.)
Still waiting for the break through.
Looks like I'm wrong.The 15% is the maximum the company can...
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Last
11.0¢ |
Change
-0.010(8.33%) |
Mkt cap ! $536.5M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.5¢ | 11.0¢ | $383.6K | 3.159M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 179097 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 1549 | 1 |
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| PYC (ASX) Chart |