That was day 1, what do you think was going to happen on day 2 of trading, when people figured out that 10/12-1 was potentially heading their way at 2.9c
IMO it went into a suspension to trap that 30c in motion. Playing tricks. Its just a screen capture of those running through the exits.
I am going to ask again, for you to ask management, yourself, everyone.
Why did they do a 10-1, when they could have equally done a 1-1 ?
What is the underlying snake in this grass. You must work that out.
Certainly the effect is destruction of old equity/ unless you capitulate into feeding the money pit.
They had a choice. And made it. Why ? If you are not on the phone to the company to answer that question, why they chose to essentially rinse the old equity out when they could have equally protected it.
- Forums
- ASX - By Stock
- OSX
- Ann: Update to Replacement Prospectus for Entitlement Offer
Ann: Update to Replacement Prospectus for Entitlement Offer, page-9
Featured News
Add OSX (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.8¢ |
Change
-0.001(2.56%) |
Mkt cap ! $4.536M |
Open | High | Low | Value | Volume |
3.9¢ | 3.9¢ | 3.8¢ | $1.184K | 30.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 968158 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.9¢ | 1192186 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 968158 | 0.038 |
4 | 207085 | 0.037 |
2 | 211888 | 0.036 |
2 | 156000 | 0.035 |
2 | 80000 | 0.034 |
Price($) | Vol. | No. |
---|---|---|
0.039 | 1192186 | 1 |
0.040 | 99512 | 2 |
0.041 | 129142 | 3 |
0.042 | 645000 | 4 |
0.043 | 25000 | 1 |
Last trade - 10.56am 19/11/2024 (20 minute delay) ? |
Featured News
OSX (ASX) Chart |