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
$1.30 |
Change
0.005(0.39%) |
Mkt cap ! $271.0M | |||
| Open | High | Low | Value | Volume |
| $1.30 | $1.32 | $1.27 | $571.7K | 441.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 3750 | $1.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.31 | 5773 | 10 |
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| Last trade - 13.50pm 08/11/2024 (20 minute delay) ? |
| EOS (ASX) Chart |
