Trying to get a handle on this. Please let me know if I am on the wrong track.The open briefing today appears to be telling us the thread header is absolutely wrong and the rights issue is going ahead. It infers it will be supported by the Chinese substantial holder and also from Directors. If that is the case to me it appears a no brainer that some money will be coming into the company at 60c and that will be a very good thing. Can any shortfall by be taken up by key players who have a strong belief in the company? Money going into the company is a positive for the company whereas on-market transactions dont benefit the company at all. Of course the key players could also be topping up buying cheaply on market. Just a lot of musings and questions on my behalf.
cheers
Trying to get a handle on this. Please let me know if I am on...
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Last
18.0¢ |
Change
0.005(2.86%) |
Mkt cap ! $415.8M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.5¢ | 17.5¢ | $735.5K | 4.111M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 369592 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 929018 | 22 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| ARU (ASX) Chart |