Looks like there is going to be a mad dash to the exit in both the fully paids and the rights. To early to tell, but the rights seem better supported at 0.002 (paid-up value of 2.1cents after the 1.9c to the company). This 'bleeding' of the share price is destined to continue for some months. Its destiny is either a friendly take-over or oblivion.
It's been optimistically over rated and is paying a price for this fact. Doubt it will recover in its current form.
Ann: Rights Commence Trading, page-56
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Last
0.2¢ |
Change
-0.001(20.0%) |
Mkt cap ! $17.17M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $4.152K | 1.701M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 178 | 203070976 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 109452442 | 61 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| LPD (ASX) Chart |