BNR 2.44% 4.2¢ bulletin resources limited

If a company with a low number of shares needs to raise money by...

  1. 205 Posts.
    If a company with a low number of shares needs to raise money by way of issuing more shares than obviously your dilution is higher in percentage.If BNR needed to raise 9 M $ and offered shares at current prices than the value of your holding would be cut in half.
    This scenario is very simplified but I agree with a previous poster that KMC is in a better position as they have cash coming in atm.
 
watchlist Created with Sketch. Add BNR (ASX) to my watchlist
(20min delay)
Last
4.2¢
Change
0.001(2.44%)
Mkt cap ! $12.33M
Open High Low Value Volume
4.2¢ 4.2¢ 4.2¢ $4.2K 100K

Buyers (Bids)

No. Vol. Price($)
1 100000 4.0¢
 

Sellers (Offers)

Price($) Vol. No.
4.1¢ 25000 1
View Market Depth
Last trade - 10.00am 28/11/2024 (20 minute delay) ?
BNR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.