This is how start ups work. If you don't believe they can make it don't invest. If you think they can, invest and manage the dilution.
Personally I have no doubt they will trade again and will guess it will be immediately following their AGM. I also believe in their product and that they will crack a 6 in the first over so to speak. That's why I will manage the dilution on their relist. I have always factored in dilution and have funds available to mitigate this.
Ann: Proposed issue of Securities - PIL, page-5
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0.8¢ |
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Mkt cap ! $16.97M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.8¢ | 0.7¢ | $8.811K | 1.217M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 6264065 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 1286767 | 4 |
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| Last trade - 10.46am 02/09/2024 (20 minute delay) ? |
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