Don't worry Plummer. They know their product is not in skn leauge so are now trying to attack skn who's oppies were trading at 2c had most of them underwritten for 10c. Most would call that a masterstoke.
The underwritters would have done their dd and gone wow such a low risk we will walk away with 6% easy money just for taking the underwritting risk. They believe we will trade north of 20c then.
No other way to look at it. Go back to your thread and explain why if your product is so good you got please explains from the asx.
Ann: SKN announces $10.5m Options Underwriting Agreement, page-124
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Mkt cap ! $2.357M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 6 | 2988114 | 0.4¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 661008 | 3 |
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