Hi @speculator101
I see this is now cheap compared to its peak at 35 cents in January but if they still need to raise more money, lets say another $20 to $30 million @ 5 cents(based on the previous discounted rate) wouldn't buying at today's prices mean your investments will lose 20 to 25% of value?
Not to forget that the company will have to issue another 500,000,000 to 600,000,000 shares and dilute the value of existing holdings?
Cheers
LP
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Last
48.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $901.8M |
Open | High | Low | Value | Volume |
48.5¢ | 49.3¢ | 47.5¢ | $5.868M | 12.16M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2066 | 48.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
49.0¢ | 530430 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2066 | 0.480 |
1 | 1600 | 0.475 |
3 | 39324 | 0.470 |
5 | 109996 | 0.460 |
3 | 211813 | 0.455 |
Price($) | Vol. | No. |
---|---|---|
0.490 | 530430 | 11 |
0.495 | 151474 | 3 |
0.500 | 444698 | 15 |
0.505 | 2500 | 1 |
0.515 | 4943 | 2 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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