7c rights issue - 1 share per ever 2 held...
Scratching my head a little at this one:
Positives: OLY can now fully repay the Territory Loan, and adds extra $$$ to keep things up and running for a few more months, will be interesting to see the revenue generated over the next quarter.
Kiernan must be kicking himself now - more cheap shares on the market, wonder if MK will take up the rights issue???
Negatives: The independents valued OLY at 20c+, a bit rich of them to come back and push out a rights issue at 7c based on that valuation - obviously they had no alternative so egg on Mangements face at the moment.
rights issue
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Last
4.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.439M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | 3.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.4¢ | 135127 | 1 |
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| Last trade - 16.12pm 03/10/2024 (20 minute delay) ? |
| OLY (ASX) Chart |
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