Digga of course not an ideal outcome but the way I've seen the pressure pushing it down is somebody is trying to line up taking a big stake at a lower price.
It depends how dependent management see the full amount they sort in the RI.
We know that 3 month window to issue the remaining stock expires in a matter of days which is kind of a double edged sword really - that also means managements word that they would not issue the shortfall at a price lower than the $0.05 RI also expires so in theory they could move to place that remaining 100M at a lower price - that's a 15% wedge.
Either way that expiry date closes tomorrow I assume with the RI's closing date on the 11th of December & we can be done with it.
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.229M |
Open | High | Low | Value | Volume |
0.4¢ | 0.5¢ | 0.4¢ | $5.431K | 1.357M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 26519870 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 7889760 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 26519870 | 0.004 |
30 | 26629632 | 0.003 |
16 | 21570001 | 0.002 |
11 | 48751998 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 7889760 | 12 |
0.006 | 9510918 | 10 |
0.007 | 1525381 | 3 |
0.008 | 75000 | 1 |
0.010 | 46000 | 1 |
Last trade - 11.23am 15/11/2024 (20 minute delay) ? |
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