Not much to say until we hear the announcement, otherwise it would be pure speculation.
You are probably right however, about what may be. If the company is to survive there has to be some form of capital raising and in this market that is very hard.
Dilution of an asset still leaves you with part of the apple and hopefully part of a whole tree of apples to pick (assuming that there are sales $ that follow). That being the case we still can recoup, or at least minimise our losses.
BM, when are you going to come clean on HC and declare your past association with SMN? We know, by your very bitter outbursts about Vellacott that you resent him, and we have to ask why??? It is not just the fact that to date, SMN has not turned out to be the winner that most have expected.
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Last
58.0¢ |
Change
-0.020(3.33%) |
Mkt cap ! $79.66M |
Open | High | Low | Value | Volume |
60.0¢ | 60.0¢ | 58.0¢ | $15.67K | 26.33K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 8093 | 58.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
61.0¢ | 5000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 8093 | 0.580 |
1 | 85 | 0.560 |
1 | 4518 | 0.550 |
1 | 5000 | 0.540 |
2 | 33848 | 0.535 |
Price($) | Vol. | No. |
---|---|---|
0.610 | 5000 | 1 |
0.630 | 4916 | 1 |
0.640 | 120000 | 1 |
0.670 | 50 | 1 |
0.690 | 6000 | 1 |
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