@13th How do you have this information? You have to work for the company or have inside information. Also, you say it will not be a large raise and the cap after the raise will be 6.5 million. If this is true, it has to be a very dilutive raise. Last price was .009 and with the current shares on issue, that would be a market cap of 4.805,033. 6,500,000 - 4,805,033 = 1,691,967 difference. To raise that much at .009 they need to issue 187,996,333 shares. That is a massive amount. The shares already trade like there is over 1 billion shares, so imagine what will happen if they do issue this amount more. No reason to pay .009. It will drop to at least .006.
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
8 | 10160229 | 0.7¢ |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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7 | 8160229 | 0.007 |
12 | 9511915 | 0.006 |
5 | 2200000 | 0.005 |
2 | 1300000 | 0.004 |
6 | 6000000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 3992057 | 9 |
0.009 | 2805000 | 4 |
0.010 | 2709391 | 4 |
0.011 | 1276766 | 4 |
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