As I posted a few times, Ron was very unwell. Not just "tired" as someone wrote.
Hopefully the recapitalisation will be a rights issue. Something like a 5 for 1 at .005 to raise $8.5M and then a 1 for 20 consolidation as part of the recap. $8.5M in the bank with 100M shares on issue at post raise/consolidation price of 10c giving a market cap of $10M and an EV of $1.5M.
TTT did similar. Was trading at 6c. Trading halt. Did a rights issue at 1c (80% DISCOUNT) but didn't consolidate post raise and it's now back at 6c+. Fantastic result for those that followed their money at 1c.
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Last
2.3¢ |
Change
0.005(27.8%) |
Mkt cap ! $9.045M |
Open | High | Low | Value | Volume |
2.2¢ | 3.0¢ | 2.2¢ | $74.84K | 2.960M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2384028 | 2.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.6¢ | 58517 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2384028 | 0.023 |
2 | 340909 | 0.022 |
2 | 235000 | 0.021 |
2 | 3500000 | 0.020 |
1 | 85000 | 0.019 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 58517 | 1 |
0.030 | 608600 | 2 |
0.032 | 600000 | 1 |
0.038 | 40000 | 1 |
0.100 | 1000 | 1 |
Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
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