I think it's too late too makattack. The announcement is definitely a commitment to a rights issue though. The company needs to raise money anyway so it will happen, extra bonus that it's now fully underwritten. Might be expensive but still a good effort in a climate where MAK have been promoting that it likely couldn't be done. UCL have done good work with Sandpiper.
ucl takeover bid for bon, page-8
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Last
0.4¢ |
Change
-0.001(20.0%) |
Mkt cap ! $9.396M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $15 | 3.701K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 6807834 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 8690207 | 10 |
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| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| AEV (ASX) Chart |