Looking at the last cap raise, it was done at a discount of ~ 25% to the share price then, if they do indeed need more money to get through would it be wise to wait and buy on market at the cap raise price of 5.5 cents?
Would it be possible or likely to see the shares drop down to that price?
Why will this end differently?, page-8
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Last
59.0¢ |
Change
0.020(3.51%) |
Mkt cap ! $1.098B | |||
| Open | High | Low | Value | Volume |
| 59.0¢ | 59.5¢ | 57.5¢ | $3.837M | 6.558M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 45638 | 58.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 59.0¢ | 99498 | 3 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| OBM (ASX) Chart |