Agreed, it was done badly and I don't think the offer was good enough (below market price) but my main point is that we have billions of shares out there and people are scared they can just dilute further on a whim. Remember 7c is very much a penny stock, many can't buy if they wanted to.
Cheers, IE
the ride continues, page-21
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Last
14.5¢ |
Change
0.005(3.57%) |
Mkt cap ! $41.55M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.5¢ | 14.0¢ | $13.80K | 98.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 81170 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 8470 | 2 |
View Market Depth
| Last trade - 15.36pm 01/07/2024 (20 minute delay) ? |
| FML (ASX) Chart |