DILUTION OF SHARES
WHAT SEEMS TO ESCAPE THE POSTERS HERE is that a CR could take place further down the track when (hopefully) approval of PEP 11 has taken place and a lot less shares would need to be issued to raise the $17m or whatever is needed. Therefore a lot less dilution. The company has already accumulated $7+million …more than enough for present needs.Such a capital raise could be restricted to existing, long-suffering shareholders.
Wooooo Hooooo Go BPH :)$$$$$$, page-33233
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Last
1.9¢ |
Change
0.001(5.56%) |
Mkt cap ! $22.90M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.9¢ | 1.8¢ | $34.93K | 1.866M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 5715198 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 552316 | 2 |
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| Last trade - 15.56pm 23/08/2024 (20 minute delay) ? |
| BPH (ASX) Chart |