People had better pull the rip cords while you still can the 1.4m share sitting on the bid at 2 cents could be the last real liquidity opportunity in the stock before a very dilutionary capraise.
thier 4C stated just 1 quarter of cash left. I would bet that their current payables would now exceed their cash on hand.
that is before you take into account the $3m debt they can payback that is at 9-10% interest...
Very interesting article, page-36
-
- There are more pages in this discussion • 224 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ADR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.62M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 78571 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 92495 | 2 |
View Market Depth
| Last trade - 16.12pm 11/10/2024 (20 minute delay) ? |
| ADR (ASX) Chart |
Day chart unavailable