No. MC is not constant, increased marketcap is factored in, market looks forward, so post consolidation it will be around 11cents. Where it goes from there is anyone's guess as participants in the placement will have received shares for the equivalent of 5cents meaning there wil surely be some profit-taking.
Ann: Appendix 2A - Share Purchase Plan and Shortfall Offer, page-8
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Last
0.8¢ |
Change
0.001(14.3%) |
Mkt cap ! $5.470M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.8¢ | $30.52K | 3.941M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 5254697 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 2161967 | 2 |
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