Hi Trig, You are absolutely right on the cancallation of RI.
The MD & BOD are so inexperienced in terms of raising capital.
Trying to raise $74 million without using an underwriter/ external advisor is crazy in such a volatile market.
Now the share price is getting another hammered :(
rights issue may be cancelled, page-19
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Last
19.0¢ |
Change
0.005(2.70%) |
Mkt cap ! $438.9M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.0¢ | 18.5¢ | $330.8K | 1.748M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 50 | 1539841 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 548610 | 11 |
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| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| ARU (ASX) Chart |