This was so obviously coming. The governance to let it go this late in the date was crap, and I told them as much in a terse but civil communication.
YOu are a price taker not a price setter when leaving capital raises so late and the stock falls and falls on expectations. Depending on the structure (retail component or not) the stock will probably fall to/near the discount price issue initially, but longer term, with capital on board, if growth continues as it has, this could be the last time the stock trades under $0.20.
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Last
1.2¢ |
Change
-0.001(4.00%) |
Mkt cap ! $2.485M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.2¢ | $13.46K | 1.105M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 897614 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 116308 | 1 |
View Market Depth
| Last trade - 16.10pm 28/07/2025 (20 minute delay) ? |
| OSX (ASX) Chart |