Seems like the Board took the easy approach. they have consistently said that werent going to dilute shareholders and were looking at other capital management strategies- looks like they took the easy option rather investigating other options like debt.
In any case, if the price comes back think its going to be a good time to be topping up, just as the company gears up for an expansion in capacity.
Ann: Oversubscribed placement raises $20.9m, page-8
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Last
$1.19 |
Change
0.010(0.85%) |
Mkt cap ! $271.0M | |||
| Open | High | Low | Value | Volume |
| $1.20 | $1.25 | $1.19 | $492.5K | 406.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5279 | $1.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.20 | 11643 | 6 |
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| Last trade - 13.13pm 28/11/2024 (20 minute delay) ? |
| EOS (ASX) Chart |
