Hi Spook, thanks for the info. Here is the problem I have. Once this vote goes through, the amount of shares goes up again. No consideration for the retail investor. If approved, the 15% cap gets raised. Why is that important. That is like an inflation rate. Every time more shares are issued, you get furhter diluted. If it gets approved this time, you will never catch up. You will get diluted into eternity.
In addition, what is so confidential about the terms that Fidelity received. The problem is, there could have been other financing options, but there is nothing else to compare it to. So in essence, what protection does the small investor have?Summary Chart
Resolution If Approved If Not Approved 1 #1: 149M shares to Bell Potter Restores 15% issuance capacity Uses up part of 15% capacity 2 #2: 574.5M shares to institutions Restores 15% issuance capacity Uses up 15% capacity; less room to issue shares 3 #3: 53.8M new shares to Fidelity Adds ~$538K capital, Fidelity stake grows No new shares to Fidelity; no new funding
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Hi Spook, thanks for the info. Here is the problem I have. Once...
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $28.44M |
Open | High | Low | Value | Volume |
0.5¢ | 0.6¢ | 0.5¢ | $222.8K | 44.30M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
95 | 38723383 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 12350719 | 29 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
94 | 38123383 | 0.005 |
51 | 20549737 | 0.004 |
23 | 13266998 | 0.003 |
10 | 13403000 | 0.002 |
14 | 52571999 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 12350719 | 29 |
0.007 | 27732799 | 40 |
0.008 | 5901612 | 11 |
0.009 | 5016631 | 9 |
0.010 | 2701850 | 10 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
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