They want 3 mill, what happens if they only raise 1 mill, that will send a really bad signal to the market.
Where will they go and how low to get the other 2 mill.
Management tried to make it sound like hey guys we are doing you a favour but all they have done is trashed the SP.
Vote of (absolutely) no confidence, page-20
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Last
1.6¢ |
Change
0.002(14.3%) |
Mkt cap ! $27.98M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.6¢ | 1.4¢ | $43.17K | 2.894M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 542946 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 1277640 | 11 |
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| Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
| LBT (ASX) Chart |