By issuing the shares though there will be further dilution by $1.7 mil meaning market cap effectively doubles but on the flip side investors get around 4.5 bags on the issued shares. dont understand the logic.
Ann: Pro-Rata Non-Renounceable Loyalty Offer of Shares, page-4
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Mkt cap ! $1.185M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 2082994 | 0.6¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 974108 | 5 |
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