Just a comment on your original post Blommer, Yes AJX plus $15mil is worth more than AJX now, so in theory it would have a higher market cap, $15mil higher after the CR as $15mil have been injected into the company.
All in theory of course, in reality people may choose to sell or buy at a different market cap than before, even though as you say, AJX plus $15mil (or say $8mil) is worth more than AJX before.
Roughly (Assuming full take up):
Before:
345mil shares * 11c = 38mil market cap
After:
621mil shares * X = 38mil market cap + 16.5mil raised
X (shareprice after raise) = 8.7c
In theory the EV and market cap would be even higher given the reduction in risk caused by Debt. So I can see why major investors would be keen as bean to participate at 6c
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.18M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.1¢ | $118 | 10.75K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 86750 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 2629961 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 86750 | 0.011 |
6 | 4732035 | 0.010 |
3 | 511210 | 0.009 |
2 | 182600 | 0.008 |
1 | 200000 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 129961 | 2 |
0.013 | 1987914 | 4 |
0.014 | 134311 | 1 |
0.015 | 36316 | 2 |
0.017 | 15000 | 1 |
Last trade - 14.22pm 12/07/2024 (20 minute delay) ? |
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