Well for SPP above 3.5 cents it will be a hard sell.
Reasons
1. SPP is generally 33% discounted for small caps. Take 5 as indicative less 33%.
2. If SPP is at 5 cents, keeping the small cap risk, it will be exceptionally hard sell.
3. History tells that is always the case.
4. To avoid dulution either USE CREDIT FACILITY OR ISSUE AT 3.5 centts. No ther option.
(CFU issued capital at 5 cents when share was trading at 8 cents. Same rule applies.)
spp price: (wild guess)
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add IMM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
42.0¢ |
Change
0.025(6.33%) |
Mkt cap ! $598.3M | |||
| Open | High | Low | Value | Volume |
| 39.5¢ | 42.0¢ | 39.5¢ | $890.1K | 2.163M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 127863 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 30850 | 2 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| IMM (ASX) Chart |