If management are going to stick to their expansion plans, then this company is due for a sizable capital raising soon. Management would love to do a SPP at 25c, but they need to keep the SP above 30c for this to be a realistic possibility. The big buy order at 25c looks obviously fake – planted to give confidence to the gullible and hold up a shakey looking sp.
If the sp falls in the near future, the capital raising could be priced as low as 17c a share.
I'd approach this stock with caution until after the next
capital raising.
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.843M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 2159452 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 2629837 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 2159452 | 0.004 |
12 | 13988631 | 0.003 |
14 | 12403193 | 0.002 |
7 | 11551008 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 2629837 | 4 |
0.006 | 898467 | 4 |
0.007 | 1262185 | 3 |
0.008 | 700000 | 2 |
0.009 | 658900 | 3 |
Last trade - 16.12pm 08/10/2024 (20 minute delay) ? |
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