So assuming (safe bet) that they don't get anywhere near the 11 mill with entitlement. And let's say they get the same amount for the offer.
whatever that is how can they swing things to take advantage of the Rd rebate 43 cents for every dollar. I've seen some asx stocks borrow against future rebates... would that get them close?
R&D rebate
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Last
0.3¢ |
Change
0.001(25.0%) |
Mkt cap ! $7.923M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $1.258K | 419.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 33149783 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 35370246 | 20 |
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| Last trade - 10.00am 09/10/2024 (20 minute delay) ? |
| AVE (ASX) Chart |