38.5 million times 7 cents is 2.7 million dollars.
The share holders have just been asked to hand over 2.7 million dollars as long as the share price stays above 1.1 cent.
I would handly say that its an insignificant amount and again I wouldn't mind if the conditional price was above the current share price not seven times lower than it.
worst corporate governance on the asx, page-22
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Last
34.0¢ |
Change
-0.015(4.23%) |
Mkt cap ! $493.8M | |||
| Open | High | Low | Value | Volume |
| 35.0¢ | 35.8¢ | 33.5¢ | $1.374M | 3.957M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 95461 | 34.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.5¢ | 48512 | 1 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| IMM (ASX) Chart |