Let's look at what actually happened today!
When it went into a trading halt at $0.029, the company was worth $85.6m.
Today it closed at $0.025 after increasing the shares issued by 32%, valuing the company at $97.4m.
That is an increase of 14% in the value of the company today.
For the value to remain the same after the issue as before, it should have closed today at $0.022.
Conclusion: this capital raising has (so far) been very favourably received by the market.
TOE Valuation
Add TOE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
43.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $51.72M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 43.0¢ | 42.0¢ | $26.00K | 61.09K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2352 | 42.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.0¢ | 24618 | 2 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
|
|||||
|
Last
42.5¢ |
Change
0.000 ( 1.16 %) |
||||
| Open | High | Low | Volume | ||
| 43.0¢ | 43.0¢ | 42.0¢ | 16834 | ||
| Last updated 15.40pm 26/04/2024 ? | |||||
| TOE (ASX) Chart |