Cusox, are you taking into account all the extra scrip that has been issued since it hit $0.84 -$0.86 back in January 2018. The scrip on issue then was approx 218.508M.
It is now 418.1M. & that is before the shortfall shares have been issued. Which they will be by June 15. Based on the recent price being somewhat higher than the issue price of $0.265. I'm still bloody suspicious about the recent price action as possibly being little more than an exercise to pump the price to ensure uptake of all that shortfall stock. Time will tell in that regard.
Market Value Opinion, page-9
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Last
12.5¢ |
Change
-0.010(7.41%) |
Mkt cap ! $72.63M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 12.5¢ | $98.61K | 782.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 21762 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 15999 | 1 |
View Market Depth
| Last trade - 15.21pm 28/06/2024 (20 minute delay) ? |
| PEX (ASX) Chart |