Cap raising of up to $5mil and up to 20% discount was approved at last agm in November 2006
The "up to" 20% discount to prevailing sp ~18.5 -19c would equate to ~15c for the new shares
Thats my guess
trading halt, page-4
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Last
1.2¢ |
Change
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Mkt cap ! $57.54M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.2¢ | $21.77K | 1.814M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 15524781 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 2820092 | 6 |
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| OEL (ASX) Chart |