Those 50 million 10c options due for conversion will probably bump out the need for a CR by at least another couple of quarters imho. On the flip side if people are selling heads to convert that's potentially around 20 million shares up for sale on top of normal fluctuations as we approach December.
what next cap raising??, page-3
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Mkt cap ! $241.3M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 10.5¢ | $91.44K | 855.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 1242379 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 708537 | 9 |
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| MEI (ASX) Chart |