Fair enough saffa01. Looks like one of the Top 20 wants to join you today!!
Just an interesting aside, from last year's Top 20, 4 of those have dropped below 20 million totaling a reduction of AT LEAST 75 million from those 4, but, more likely have sold out completely up to 160 million, with the highest being from Colin Baker who had 66 million on the 2016 list, plus one who reduced by 5 million.
Now, 7 on last year's list have increased their holding by 80 million and there are 4 new ones who have a total of 120 million. So, 200 million more. That tallies and is in the ball park, as there are now 30 million more held by the Top 20 than last year.
So, "theoretically" that IS a positive.
But,the financial stuff just highlights how vital it is to get that ML ASAP and really beggars belief that they have not pulled out all stops with the TOs.
The longer the lack of income the higher the debt in either cash or shares and with the SP at this level and the risk of it going to .003 seller, that just makes it harder to raise cash to pay those creditors and significantly increases the number of shares that would have to be issued IF, I stress IF, payment is made with shares.
Stephen Bizzell would be the biggest loser through an equity loss by dilution, if that was to happen, further highlighting how very odd it is that they have failed to have settled with the TOs and to have started a vital cash flow to take that option off the table completely.
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Mkt cap ! $6.746M |
Open | High | Low | Value | Volume |
2.4¢ | 2.4¢ | 2.4¢ | $320 | 13.33K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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3.0¢ | 232914 | 2 |
View Market Depth
No. | Vol. | Price($) |
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1 | 7284 | 0.024 |
1 | 29970 | 0.022 |
1 | 99320 | 0.020 |
1 | 500000 | 0.010 |
1 | 100000 | 0.009 |
Price($) | Vol. | No. |
---|---|---|
0.030 | 232914 | 2 |
0.032 | 49438 | 1 |
0.039 | 13751 | 1 |
0.040 | 115307 | 2 |
0.047 | 15967 | 1 |
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