You may be right mikez.
Risk is Linds current conversion price for the next 15 days is .008c of the back of a .009c 5 day vwap, another 4 trading days like today and the 5 day vwap will be closer to .008c making there coversion price .007c
If management produce more of the same over the coming weeks we may yet see some more games to establish a lower vwap for the $3.6m.
Management really need to start producing the goods..
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.058M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $12.11K | 3.460M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5337393 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 8870445 | 11 |
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| C7A (ASX) Chart |