EYM had 440miion shares with $2.2m in the kitty decided to go for share consolidation/split and spent $800,000 in completing the process. EYM made a decision for share consolidation/split to re-issue the same or more shares @0.010 with free options to achieve the same outcome at a very great cost to existing shareholders.
If it is not EYM management stupidity then what it is? More so, EYM needs more money with new 'share purchase plan'.
Out of the blue, today's announcement- Drilling completed- with prior announcement of drilling process. Who will believe this EYM management. Another game plan to attract investors without real plan and strategy.
DYOR
Bad decision
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Last
1.5¢ |
Change
0.002(15.4%) |
Mkt cap ! $6.841M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.5¢ | 1.4¢ | $9.548K | 680K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 465513 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 11595 | 1 |
View Market Depth
| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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Last
1.4¢ |
Change
0.002 ( 7.69 %) |
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| Open | High | Low | Volume | ||
| 1.4¢ | 1.4¢ | 1.4¢ | 28405 | ||
| Last updated 12.49pm 08/05/2024 ? | |||||
| PSL (ASX) Chart |