Ponda,
The cash couldve come from the current holders but the way I see it it is to come from the institutions and sophisticated investors. This was the way it went in their last capital raising. Sure the price is holding up but it doesnt change the fact that the opportunity to buy in at 4.4 wont come our way.
share issue, page-78
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Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.773M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 157289 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 100000 | 1 |
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| Last trade - 16.12pm 08/07/2024 (20 minute delay) ? |
| ZMM (ASX) Chart |
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