Regardless of the motive behind it, Namibia project has to be funded. This is when 88E has inadequate funding for Hickory. Logic would suggest that 88E would consolidate and then capital raise at massive discount to current valuation. Retail shareholders will lose value, while larger shareholders gain more control. All the while at no financial risk to the Board or the MD. Infact, they will continue to be paid exorbitantly. If, these sequence of events were to happen, I have to conclude that their behavior is unconscionable and our laws governing these matters grossly inadequate. It will simply be a Ponzi scheme.
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Last
0.2¢ |
Change
-0.001(20.0%) |
Mkt cap ! $57.78M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.2¢ | $7.367K | 2.551M |
Buyers (Bids)
No. | Vol. | Price($) |
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606 | 998915039 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.3¢ | 334363268 | 99 |
View Market Depth
No. | Vol. | Price($) |
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606 | 998915039 | 0.002 |
151 | 797219287 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.003 | 334363268 | 99 |
0.004 | 388688591 | 188 |
0.005 | 161215098 | 83 |
0.006 | 60017425 | 50 |
0.007 | 247113323 | 42 |
Last trade - 15.59pm 10/06/2024 (20 minute delay) ? |
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Last
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Change
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Open | High | Low | Volume | ||
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Last updated 15.55pm 10/06/2024 ? |
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