SMN 2.96% 69.5¢ structural monitoring systems plc

a. because those resolutions can only be for the year following...

  1. 1,247 Posts.
    lightbulb Created with Sketch. 706
    a. because those resolutions can only be for the year following the AGM in which they are made. You can't make an open-ended exception to the ASX share issuing rules.
    b. because issuing new shares puts you in almost the same position - you don't spend the cash, but you move the problem to a debt/equity one.
 
watchlist Created with Sketch. Add SMN (ASX) to my watchlist
(20min delay)
Last
69.5¢
Change
0.020(2.96%)
Mkt cap ! $95.46M
Open High Low Value Volume
67.5¢ 69.5¢ 66.5¢ $29.85K 43.40K

Buyers (Bids)

No. Vol. Price($)
1 1477 67.0¢
 

Sellers (Offers)

Price($) Vol. No.
69.5¢ 7098 1
View Market Depth
Last trade - 15.19pm 05/09/2024 (20 minute delay) ?
SMN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.