I agree. Hopefully now they can get on with it. FY20 Qtr 3, 4 and FY21 Q1 they have been raising capital in dribs and drabs ($5.3m, $3.1m and $1.9m) then the CN for $3m in Q2. It's been like death by a thousand cuts.
Why they didn't do a proper raise a year ago when the SP was here anyway is beyond me.
They now have enough cash for 12 months and to get their act together. I am encouraged by the support of Trudell and Bio Life Science both of whom have been diluted and are prepared to put more cash in. Astra Zeneca and One Funds are still holding as far as I know. So Retail aren't the only ones holding the bag.
Sure the SOI is a joke and it's just a punt now. I'd love to be entering at $0.015 and not at $0.03 but there it is.
Would I recommend it? Nope. There's surer value out there but I've seen worse than this come back. Just get on with it.
- Forums
- ASX - By Stock
- ADR
- Ann: Trading Halt
Ann: Trading Halt, page-21
-
- There are more pages in this discussion • 3 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 ADR (ASX) to my watchlist
|
|||||
Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.861M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 288622 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.4¢ | 293516 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 288622 | 0.013 |
1 | 250000 | 0.012 |
2 | 190905 | 0.011 |
3 | 859995 | 0.010 |
2 | 155560 | 0.009 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 293516 | 1 |
0.015 | 100000 | 1 |
0.016 | 168154 | 4 |
0.017 | 165433 | 3 |
0.018 | 50 | 1 |
Last trade - 16.12pm 11/09/2024 (20 minute delay) ? |
Featured News
ADR (ASX) Chart |
Day chart unavailable