Even suggesting a $1 billion market capitalisation is a blatant ramp in itself. There need to be some pretty good crystal balls and other stuff to believe that.
This company will need approximately $60 million and this will mean another 1.2 billion shares being issued at 5 cents - that is the price that they would raise money right now in this market. There will nearly be 2.5 billion shares in circulation.
Rampers need a reality check. This is a highly speculative company with plenty of sizzle yet very little sausage.
$1 sp = $1 billion market capitalisation, page-4
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Last
31.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $458.1M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 32.0¢ | 31.3¢ | $80.96K | 256.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 196074 | 31.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.0¢ | 157288 | 19 |
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| Last trade - 10.39am 19/11/2024 (20 minute delay) ? |
| IMM (ASX) Chart |