Nothing wrong with a cap raising with a stock thats heading to the moon.
The investors buying it don't seem to be bothered with a potential cap raise.
At this rate it could be at $2. An extra 5 or 10 million shares is no problem.
Whoever is buying it seem to be in the know - insider buying.
In fact a strengthened balance sheet would be a big plus for ELS.
Any cap raising could also be to a strategic investor. Heaps of possibilities.
2 weeks to the roadshow.
Nothing wrong with a cap raising with a stock thats heading to...
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Last
42.0¢ |
Change
0.018(4.35%) |
Mkt cap ! $66.59M | |||
| Open | High | Low | Value | Volume |
| 38.5¢ | 42.0¢ | 38.5¢ | $9.685K | 23.55K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 57097 | 38.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 25594 | 1 |
View Market Depth
| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| ELS (ASX) Chart |
