You are already under water as the last CR was at 3.5c - since the CR, shares have been trading below issue price by around 10%. Next CR will be at lower level - plenty of time to top up if one wishes to - my guesstimate around 2-2.5c which will further dilute the heck out of it.
If there were to be a private takeover, shareholders will be offered a premium of what maybe 30% at VWAP - work out numbers - holders diddled out for a princely sum of around 3c/share. That's my take and I hope to be corrected. How can anyone trust any of these people. Oh yes, there are two Australian directors on board - what would they know about shareholders being shafted? They've only been around for a few weeks. Do they give a toss?? ASM may get a higher private offer and recoup some of their losses - even if they could, is there a guarantee that retail holders would be offered the same sort of deal?
No option but to hold. We wait and see - continued destruction of retail holders holdings??? Shambles - unless you're the vendor.
- Forums
- ASX - By Stock
- DNA
- Travel restriction
Travel restriction, page-196
-
-
- There are more pages in this discussion • 262 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DNA (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.0¢ |
Change
-0.001(1.64%) |
Mkt cap ! $37.06M |
Open | High | Low | Value | Volume |
3.0¢ | 3.0¢ | 3.0¢ | $1.23K | 41K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 235215 | 2.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.1¢ | 300000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 216215 | 0.029 |
3 | 226271 | 0.028 |
1 | 100000 | 0.027 |
1 | 134000 | 0.026 |
2 | 74514 | 0.025 |
Price($) | Vol. | No. |
---|---|---|
0.031 | 300000 | 1 |
0.033 | 24193 | 1 |
0.034 | 300000 | 1 |
0.035 | 135000 | 2 |
0.036 | 14000 | 1 |
Last trade - 15.48pm 15/10/2024 (20 minute delay) ? |
Featured News
DNA (ASX) Chart |
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online