Rights issue at 3c earlier this year.
No more cash - now doing an SPP at 1.7c
Can look at this both pros and cons.
Pro: they are keeping this tight within loyal holders.
Pro: EV at 1.7c being under $1.5M
Con: lack of attention by the market
Con: sometimes keeping it too tight doesn't give the liquidity it needs to move
Price by xmas, page-2
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Last
0.4¢ |
Change
0.001(14.3%) |
Mkt cap ! $9.775M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $47.47K | 13.55M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 59 | 57726829 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 11347359 | 12 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| LNR (ASX) Chart |