This is good news and hopefully is the start of better things. Relisting is a formality, it really just confirms what the insiders have already been saying. What would the market cap be if share price reaches 5 cents? While the revenue growth has been strong I am not sure the overall market is large enough to generate enough revenue to justify a 5 cent market cap.
Ann: Update on Reinstatement to Official Quotation, page-12
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $25.45M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.2¢ | $21.71K | 1.809M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7000000 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 5933333 | 6 |
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| Last trade - 10.24am 12/08/2024 (20 minute delay) ? |
| PIL (ASX) Chart |