Any one want to see the potential the cap raising can have need only look at ACB. People talk of this as a negative, but ACB have gone from 32 cents to 50 cents today on the back of this.
30 mill is almost 20 percent of the company, perfect for a major to take a large stake without requiring a full takeover.
Praying they do it right.
Has to be any day now.
the importance of the cap raising
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$2.72 |
Change
-0.150(5.23%) |
Mkt cap ! $483.3M | |||
| Open | High | Low | Value | Volume |
| $2.78 | $2.79 | $2.65 | $1.508M | 553.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 16780 | $2.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.72 | 5307 | 15 |
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| Last trade - 12.57pm 25/07/2024 (20 minute delay) ? |
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