Ok
I've just finished chatting with Ratty and he has given me permission to post a few things.
1. Ratty and the other directors will be taking this unique opportunity to buy in the Cap raising which nullifies all those previous director buying on market comments. Ratty has said he will personally contribute about $500k plus or minus. The other directors will be buying as they can. I believe the numbers will be very good.
2. During the recent roadshow, and there was a lot of reverse inquiries by the funds about doing a cap raising. Ratty has said the extensive and heavy pipeline is so good that they can't lose the commercial opportunity to accelerate. Its in the shareholders best interests (hence point 1 above). Without the CR, this would delay some of the pipeline by up to 2 years.
3. Its also my birthday so happy birthday to me - best birthday present and very happy with justification for Cap Raising.
Dyor and GLTAH
This IMO is very postive news
Cheers
David
The Cap Raising - feedback from management
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Last
$21.50 |
Change
0.210(0.99%) |
Mkt cap ! $413.0M | |||
| Open | High | Low | Value | Volume |
| $21.50 | $21.50 | $21.00 | $247.6K | 11.68K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100 | $21.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.50 | 244 | 1 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
$21.21 |
Change
0.210 ( 0.09 %) |
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| Open | High | Low | Volume | ||
| $21.19 | $21.21 | $21.19 | 143 | ||
| Last updated 14.24pm 06/05/2024 ? | |||||
| AVR (ASX) Chart |