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.
Let's look at what actually happened today!When it went into a...
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 (20min delay)
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Last
44.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $53.52M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.5¢ | 119 | 1 |
View Market Depth
| Last trade - 10.00am 08/05/2024 (20 minute delay) ? |
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Last
46.5¢ |
Change
0.000 ( 2.81 %) |
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| Open | High | Low | Volume | ||
| 46.5¢ | 46.5¢ | 46.0¢ | 7367 | ||
| Last updated 10.23am 08/05/2024 ? | |||||
| TOE (ASX) Chart |
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