Danny, not to pour cold water on what you heard....
But OIL are not exactly in the best bargaining position at the moment.
I would be surprised if sophs would pay 2.5c. They would know they are in a position of strength based on the performance of previous CR's
Also, that would be a pretty tiny rights issue for the balance, hardly worth the paperwork.
Why would they not just do a SPP
Something doesn't look right to me.
capital raising, page-7
-
- There are more pages in this discussion • 51 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add OIL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
16.0¢ |
Change
0.005(3.23%) |
Mkt cap ! $129.4M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.0¢ | 14.0¢ | $71.49K | 479.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 6886 | 1 |
View Market Depth
| Last trade - 12.32pm 04/12/2024 (20 minute delay) ? |
| OIL (ASX) Chart |
