TEK thorney technologies ltd

rights issue at 1cent share price at 2.4c

  1. 1,406 Posts.
    lightbulb Created with Sketch. 9
    I can't understand.

    The rights issue is at $0.01 and the share price is up 130% in one day to $0.024

    Can not understand.

    Buy 10,000 and get the rights at $0.01.
    The placement doubles the shares on issue and ARW has a 250K cash burn per month.

    Placements have only had about a 50% take up.

    Please do your own research.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
9.5¢
Change
0.000(0.00%)
Mkt cap ! $35.89M
Open High Low Value Volume
9.8¢ 10.0¢ 9.5¢ $55.08K 568.6K

Buyers (Bids)

No. Vol. Price($)
2 274596 9.5¢
 

Sellers (Offers)

Price($) Vol. No.
10.5¢ 130655 2
View Market Depth
Last trade - 16.10pm 30/06/2025 (20 minute delay) ?
TEK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.