I think BOT has been marginal so far. Pre consolodation was 0.8c and consolidated at 3.333 : 1 so the relisting price should be around 2.7c and its hovering around that. But what it does show is a sp can hold its value after a consolidation which we know PNO requires. Though its still very early days and sp often starts drifting lower after days or weeks. Its a work in progress.
PNO will have more dilution. BOT raised $3.5mil but had a higher base to launch off. PNO would be aiming lower but with higher dilution. Our MC is only $2mil. So $2mil raised is 50% dilution. Also its yet to be determined if we just plan on rebirthing the same product or if we will acquire something new to spring board off.
A lot of un answered questions but we near some kind of conclusion which is more than we thought possible 6months ago.
I think BOT has been marginal so far. Pre consolodation was 0.8c...
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Last
13.3¢ |
Change
0.003(1.92%) |
Mkt cap ! $102.7M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.5¢ | 13.0¢ | $186.1K | 1.407M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 302858 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 345372 | 8 |
View Market Depth
| Last trade - 12.55pm 29/04/2024 (20 minute delay) ? |
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Last
13.3¢ |
Change
0.003 ( 1.92 %) |
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| Open | High | Low | Volume | ||
| 13.0¢ | 13.5¢ | 13.0¢ | 335399 | ||
| Last updated 12.28pm 29/04/2024 ? | |||||
| CAI (ASX) Chart |