The x-factor there, to my way of thinking at least, is what does the capital structure look like after the company does the capital raising/debt issuing/paper-writing it states is necessary for adequate working capital? After today's AGM we're seeing an additional 15% shares (about 3.9mln) issued to Petra Capital at at 10% discount - which if we take your $4.80 as bang on with current share base, back of the envelope discount/dilution would takes us to about $3.67...
Not sure I see a short-run bounce for we small retail investors.
The x-factor there, to my way of thinking at least, is what does...
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Last
$1.28 |
Change
-0.020(1.54%) |
Mkt cap ! $271.0M | |||
| Open | High | Low | Value | Volume |
| $1.30 | $1.32 | $1.27 | $1.122M | 873.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1600 | $1.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.28 | 7938 | 3 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| EOS (ASX) Chart |
