How about we do a little bit of "Price Discovery"?
That is "persuade" the custodians to recall their shares: the SP will then find it's true level.
Then do a CR: but we all know that wont happen
Of course it's highly likely associates of the "Custodians" will benefit greatly from a CR at low levels, while retail gets shafted again.
I would hope NBSB is switched on to this.
The ideal scenario would be substantial Debt Funding with a modest SPP for Retail to make up the balance.
Shorts could then go and get stuffed.
Ann: 2023 DFS investor presentation and webcast, page-63
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Last
0.6¢ |
Change
-0.001(14.3%) |
Mkt cap ! $20.57M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.7¢ | 0.6¢ | $6.086K | 987.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 39 | 19625522 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 8039351 | 30 |
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| Last trade - 15.59pm 19/11/2024 (20 minute delay) ? |
| ADN (ASX) Chart |