Timing of the cap raise is perfect in my opinon. If they waited for another quarter the 4C would have shown less funds and the traders would have speculated a cap raise regardless and sent the stock south. Doing it now results in less dilution and gives them a war chest to hopefully achieve their objectives.
Timing of the cap raise is perfect in my opinon. If they waited...
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Last
$3.19 |
Change
-0.100(3.04%) |
Mkt cap ! $353.2M | |||
| Open | High | Low | Value | Volume |
| $3.31 | $3.45 | $3.18 | $4.002M | 1.207M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 19867 | $3.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.20 | 4150 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| WBT (ASX) Chart |
