Speaking for myself I think the disappointment lies in the manipulation that is allowed to take place prior a CR. Perhaps the anger would be better directed at ASIC rather than the coy's involved whom are unfortunately playing within the rules.
It was obvious where the SP was heading post licence Ann 12c then bang down she goes. Perhaps the idle option could've been for the price to run and then offer to existing holders at probably somewhere between 12-15c. Less shares to issue to solid hands for same amount.
Booooooooooo, page-8
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.500M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $14.93K | 4.977M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 53 | 93356160 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 422772 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| IBG (ASX) Chart |