They would need cash for that and they are a bit short of that commodity.
I reckon the new director will be planning a share consolidation in the near future to bring back some confidence in the company and stop it looking like a sub 1 cent share desperado to the market.
Ann: New MD and Capital Raising to Drive Commercialisation, page-20
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Mkt cap ! $6.343M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $1K | 500.2K |
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| No. | Vol. | Price($) |
|---|---|---|
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Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
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| Last trade - 12.18pm 02/10/2024 (20 minute delay) ? |
| ECT (ASX) Chart |