The amount of shares on issue isn't ideal, but doesn't impact the fundamental investment case or valuation of the company.
On the upside, if you believe the story, it provides current liquidity to enter at market cap of A$10M.
No doubt the cap. structure will be consolidated shortly.
This project they have looks insane, page-7
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Last
1.4¢ |
Change
0.001(7.69%) |
Mkt cap ! $11.06M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.4¢ | 1.3¢ | $13.27K | 1.011M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 2714365 | 9 |
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| Last trade - 10.49am 18/10/2024 (20 minute delay) ? |
| REE (ASX) Chart |