The other big issue is that existing shareholders only get to take up 1 new share (and attached option) for every 40 currently held.
This means most retail holders wont be able to take advantage of this to any material degree.
Ann: A$15M Placement completed and Entitlement Offer Undertaken, page-3
Add ASM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.02 |
Change
-0.005(0.49%) |
Mkt cap ! $182.4M | |||
| Open | High | Low | Value | Volume |
| $1.01 | $1.02 | $1.00 | $170.4K | 168.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $1.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.02 | 2012 | 2 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.02 |
Change
-0.005 ( 0.40 %) |
||||
| Open | High | Low | Volume | ||
| $1.00 | $1.02 | $1.00 | 38509 | ||
| Last updated 15.52pm 24/05/2024 ? | |||||
| ASM (ASX) Chart |