Sorry, to offer an opinion on a stock I don't own but I fail to see the euphoria surrounding this announcement.
Current Shares on Issue 558,170,705
Planned Issue 595,577,619
Adjusted Shares on Issue = 1,153,748,324
In effect this is a 52% dilution.
I wish you all well, but as they say "I will not be investing"
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Open | High | Low | Value | Volume |
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Buyers (Bids)
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---|---|---|
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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1 | 432219 | 0.085 |
1 | 50000 | 0.084 |
2 | 138804 | 0.083 |
2 | 399015 | 0.082 |
Price($) | Vol. | No. |
---|---|---|
0.094 | 91975 | 1 |
0.098 | 137289 | 4 |
0.100 | 197253 | 3 |
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