re: my 2 cents worth As you all know, i've been a follower of this stock for some time. This last announcment does nothing more than treat existing shareholders with contempt.
Management release a placement announcement 20% below the market price, without putting into context how the money will be used, how it fits into the broader financing strategy (announced yesterday).
This has amateur written all over it!!
cheers
preopen, page-8
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Last
84.5¢ |
Change
0.050(6.29%) |
Mkt cap ! $176.4M | |||
| Open | High | Low | Value | Volume |
| 79.0¢ | 85.0¢ | 78.0¢ | $466.0K | 570.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15000 | 83.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 85.0¢ | 45985 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| AIM (ASX) Chart |