I'd agree in general, but not in this case. Capital raising only completed what the options were hoped to do, so dilution is no more than originally allowed for. Just too much happening over next few months anyway, and limited opportunities on the buy side for anyone wanting to get in. May be a few sellers at current price who are able to get some of the 20c raising, but that's about it I suspect.
The confirmation announcement of the Avanti funding will ensure it continues to rise in any case I beleive.
I'd agree in general, but not in this case. Capital raising only...
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Last
$3.77 |
Change
-0.030(0.79%) |
Mkt cap ! $2.476B | |||
| Open | High | Low | Value | Volume |
| $3.78 | $3.80 | $3.72 | $9.684M | 2.570M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 17013 | $3.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.78 | 266 | 2 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| EMR (ASX) Chart |