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
$1.29 |
Change
-0.003(0.19%) |
Mkt cap ! $271.0M | |||
| Open | High | Low | Value | Volume |
| $1.30 | $1.31 | $1.27 | $294.3K | 229.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 5799 | $1.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.30 | 3445 | 5 |
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| Last trade - 11.17am 08/11/2024 (20 minute delay) ? |
| EOS (ASX) Chart |
