Hi,
There wont be any raisings anytime soon. The current share price weakness is due to hangover of 4 million shares which to me seems that broker has taken on his account and now trying to get fid it off before the year end.
When they placed shares last time, they breached their 15% placement limit and had to give undertaking to ASX not to issue more shares till at least April 2018 (I think).
Another Share Placement, page-5
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Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $63.91M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 89603 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 118500 | 3 |
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| Last trade - 10.06am 04/12/2024 (20 minute delay) ? |
| PEX (ASX) Chart |
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