Don't know how they're going to get people to buy those .007 cent 'rights' shares when the stock is only trading at .006 cents. Ok so you get an option thrown in which will no doubt debut at .001 so you'll come out even - IF the share price can even hold up at this level! But why go to all the trouble of sending in a cheque when you can buy it on market for the same price? And it's looking as if you will soon be able to buy on market even cheaper than the rights offer! And with double the shares on offer pretty soon it will tank even more
What a rubbish stock!
Ann: Despatch or Prospectus and Entitlement Offer, page-10
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Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.312M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.3¢ | $2.792K | 214.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 144099 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 1155828 | 7 |
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| Last trade - 12.53pm 22/08/2024 (20 minute delay) ? |
| VSR (ASX) Chart |