Why was W2V listed at 20 cents?
Here's one reason, it's part of ASX listing rule 2.1
ASX Listing Rules Chapter 2 - Quotation
W2V had to list at a minimum of 20 cents to IPO on the ASX. Plus, it raised the maximum amount of cash to prevent further dilution to pre-IPO shareholders.
So we can put all your arguments to rest now.
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W2V
way 2 vat ltd.
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W2V transaction volumes., page-20
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.89M |
Open | High | Low | Value | Volume |
0.7¢ | 0.7¢ | 0.7¢ | $28.16K | 4.023M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1198305 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 2345307 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 1198305 | 0.007 |
14 | 7008251 | 0.006 |
6 | 2800000 | 0.005 |
1 | 500000 | 0.004 |
3 | 5868333 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 2345307 | 7 |
0.009 | 3750000 | 3 |
0.010 | 5397869 | 4 |
0.011 | 1072636 | 4 |
0.012 | 2418684 | 6 |
Last trade - 11.40am 27/06/2025 (20 minute delay) ? |
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