Hoping they will do a placement at premium pricing to a strategic investor.
This is what happened with CIC Energy when they were strapped for cash in March.
http://www.prnewswire.com/news-releases/cic-energy-announces-investment-by-vitol-as-a-strategic-partner-144380355.html
Hoping they will do a placement at premium pricing to a...
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.399M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.5¢ | $22.29K | 4.132M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 3139012 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 967023 | 3 |
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| Last trade - 14.48pm 15/11/2024 (20 minute delay) ? |
| ALM (ASX) Chart |