CRs, Placements, Free ops ("free" dilution) "CON" notes.
There has been what? 30-40 mil of raisings done in the last few years without any solid "deals"....
And seriously.... They don't even have a CEO still do they? Announcements coming from the CTO?
There is anyone at all even steering the ship? CEO is probably the most important roll in a company. And since the previous CEO stepped in, got paid one of the highest salaries for a CEO, especially a micro that ive seen, watched the price collapse, then left with cash in hand, no one it seems has wanted to step up and be the person where the buck stops. The CEO....
Cant blame them. What a mess.
Just an opinion of course, but some ramping here has been going on from the same people since it was in the (consolidated) high teens.... No idea the losses those have if they still hold but come on. Even if they have cut back their wages they are still ridiculously high and to say that they wont do a CR without a deal is nonsense.
They will do a CR when they run out of money, again. Or they delist. If they cant afford to keep going they cant be listed. Simple as that. A CR is inevitable at some point. Thats a fact.
CRs, Placements, Free ops ("free" dilution) "CON" notes. There...
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Last
5.5¢ |
Change
-0.001(1.79%) |
Mkt cap ! $968K | |||
| Open | High | Low | Value | Volume |
| 5.6¢ | 5.6¢ | 5.5¢ | $3.147K | 56.32K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 118148 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.9¢ | 75000 | 1 |
View Market Depth
| Last trade - 10.51am 03/05/2024 (20 minute delay) ? |
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Last
5.5¢ |
Change
-0.001 ( 1.79 %) |
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| Open | High | Low | Volume | ||
| 5.5¢ | 5.5¢ | 5.5¢ | 10579 | ||
| Last updated 10.51am 03/05/2024 ? | |||||
| OAK (ASX) Chart |