Well summarised.
If management's buying strategy was to encourage further buying and SP increases as a prelude to a capital raising then good on them. Since GB bought in @ 6.9c this has had material effect on the dilution factor for any raise. My guess is that if they raise it will be for ~ $5m. Given that they have continued to provided B/E guidance for this year the majority of the funds will be going to into a ramp'd up marketing campaign. I would support this.
Well summarised. If management's buying strategy was to...
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Last
2.2¢ |
Change
-0.001(4.35%) |
Mkt cap ! $14.35M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 2.3¢ | 2.2¢ | $2.559K | 115.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 210683 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 540000 | 2 |
View Market Depth
| Last trade - 14.06pm 21/11/2024 (20 minute delay) ? |
| RNT (ASX) Chart |
