Re FR's comment, if you look at the AGM propsoals from last year, you will find that the same resolution (resolution 5 last year) was presented then as well. I have spoken to them previously re this, and the purpose is to give the company flexibility should a "deal of interest" arise and quick action is required. As to FR's implication that a raising is on the way, the resolution was passed at last years AGM and not used, further the company has ~$7.5m in cash with a further ~$2m from option conversion due later in the year. Unless there is a corporate deal on offer (which is likely to be very good news for shareholders anyway), I would not expect ABZ to be raising any equity in the near term.
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Re FR's comment, if you look at the AGM propsoals from last...
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Last
4.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.25M |
Open | High | Low | Value | Volume |
4.5¢ | 4.5¢ | 4.5¢ | $495 | 11K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 2998 | 4.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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4.7¢ | 27500 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 2998 | 0.045 |
1 | 30000 | 0.043 |
2 | 79976 | 0.042 |
2 | 14750 | 0.041 |
1 | 15000 | 0.039 |
Price($) | Vol. | No. |
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0.047 | 27500 | 1 |
0.048 | 13904 | 2 |
0.050 | 12000 | 1 |
0.058 | 10000 | 1 |
0.060 | 55000 | 2 |
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