D&C
You are missing the point
Why release an announcement stating you are going to IPO the asset without going to the 5-10 minutes of extra effort to accompany a 1 page summary for people
Punters shouldn't have to trawl back through reports and number crunch to realize you did a 4:1, issued options etc, only then a short while later are planning to reconsolidate on a 1:4
It also sends the message to the market this might have been a last minute decision, as why would you go to the effort of increasing the capital base by 4, only then to consolidate it just a few months after. If the IPO was always in the pipeline than why increase it 4:1 ? You would have just issued AceA stock and options and left it
Even a simple 1 line of "20c float (post 1:4 consolidation) would have avoided headache
Its the small things like that, along with RAF obtaining stock + options which I'm sure the market would have appreciated knowing gets tiring
Apologies if it became confusing
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Last
11.0¢ |
Change
-0.030(21.4%) |
Mkt cap ! $15.22M |
Open | High | Low | Value | Volume |
12.5¢ | 12.5¢ | 11.0¢ | $3.75K | 33K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 6817 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.5¢ | 25000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 6817 | 0.110 |
3 | 100030 | 0.100 |
2 | 155154 | 0.097 |
1 | 21052 | 0.095 |
2 | 259999 | 0.090 |
Price($) | Vol. | No. |
---|---|---|
0.145 | 25000 | 1 |
0.150 | 100000 | 1 |
0.170 | 59840 | 1 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
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