A good question Conwy, and as I understand it, they can.
Wouldn't that be an validation of his faith in our forward potential?! And I'm tipping he just might, as an $840k one fingered salute to the knockers.
No idea how deep his pockets are, and I guess he'll grab the 4.5m odd he's entitled to via the rights issue ($85k).
IMO, the only way a non-exercise of his 2.1's will look acceptable to me is if he somehow collects up on some of the RI shortfall, and pleads poverty around the difference.
ASX Today, page-11681
Add 88E (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.86M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $101.9K | 51.30M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 514 | 1361282451 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 62464179 | 20 |
View Market Depth
| Last trade - 16.10pm 20/11/2024 (20 minute delay) ? |
| 88E (ASX) Chart |
