You are correct I clearly dont however there is a correlation when it comes to directors responsibilities and class actions etc. An injection of capital is possibly directly related to a companies liquidity position and if that position is negative or perilous suspension is an option in order to protect shareholders positions until such stage as the ship is righted.
I think I read somewhere the mother of invention in finance is cashflow. At this stage this business doesn’t have it.
Anyways I will leave it to you being someone who clearly knows a lot about business. Good luck with this one. Bit of capital injected and a ramp up in sales and she should be ok as long as you are not diluted into oblivion.
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You are correct I clearly dont however there is a correlation...
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Last
0.8¢ |
Change
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Mkt cap ! $20.66M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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9 | 4998901 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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View Market Depth
No. | Vol. | Price($) |
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9 | 4998901 | 0.007 |
5 | 2009845 | 0.006 |
4 | 1900000 | 0.005 |
2 | 1300000 | 0.004 |
1 | 900000 | 0.003 |
Price($) | Vol. | No. |
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0.008 | 39086 | 1 |
0.009 | 10027262 | 7 |
0.010 | 2485372 | 7 |
0.011 | 902849 | 3 |
0.012 | 2304500 | 6 |
Last trade - 10.24am 07/06/2024 (20 minute delay) ? |
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Change
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Open | High | Low | Volume | ||
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Last updated 10.24am 07/06/2024 ? |
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