Micro caps with limited cash can not afford delays of any kind on stated timelines. Each fortnight that news is delayed AON seems to roll down a spread. The problem for AON now is that we are on critical support, so any further delay could see the mkt broken. Then we would have a very expensive cost of capital heading into what could be a heavy share printing period post AGM.
But as a general rule a micro-cap with real assets, some semblance of a business plan and management that can at least hold a fork, is ok to buy sub $10m mkt cap. AON currently $7.5 mill.
GL
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Last
2.4¢ |
Change
-0.003(11.1%) |
Mkt cap ! $16.71M |
Open | High | Low | Value | Volume |
2.4¢ | 2.4¢ | 2.4¢ | $8.026K | 334.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 86737 | 2.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.6¢ | 395881 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 86737 | 0.023 |
2 | 600728 | 0.022 |
2 | 547666 | 0.021 |
3 | 824044 | 0.020 |
1 | 1000000 | 0.019 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 395881 | 1 |
0.027 | 407057 | 2 |
0.028 | 243387 | 2 |
0.029 | 818565 | 7 |
0.031 | 90000 | 2 |
Last trade - 10.22am 01/07/2024 (20 minute delay) ? |
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