If it gets approved it will still sell off because 8.8b market cap with 11b shares equals a sub $1 share price. You can’t argue with this math given this is what they’ve published in their presentations.
$3.3 Billion in Revenue but only $6 Million Net Profit? This will be one of the most shorted stocks, page-10
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Last
$1.87 |
Change
-0.005(0.27%) |
Mkt cap ! $3.051B | |||
| Open | High | Low | Value | Volume |
| $1.87 | $1.90 | $1.87 | $13.12M | 7.005M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 39208 | $1.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.88 | 16612 | 2 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| SIG (ASX) Chart |