I don’t know if it will be. If we completed the cap raise for let’s say 10m 7 weeks ago, the market would still undervalue the company because it believes remaining funding will not be locked in. If that was the case, we would probably be sitting at similar levels to what we are now, if not lower. It probably does mean we have fallen behind another 7 weeks (if the compare can’t make up lost ground), but if we come out of suspension with funding news, I think we will get some initial cap raise selling, but I recon the market will forget about the 7 week suspension pretty quickly.
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Mkt cap ! $43.93M |
Open | High | Low | Value | Volume |
5.5¢ | 5.5¢ | 4.9¢ | $25.88K | 522.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 604000 | 5.0¢ |
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Price($) | Vol. | No. |
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4 | 604000 | 0.050 |
3 | 980163 | 0.049 |
2 | 92726 | 0.048 |
1 | 150000 | 0.045 |
1 | 3031 | 0.044 |
Price($) | Vol. | No. |
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0.052 | 15999 | 1 |
0.053 | 33000 | 1 |
0.054 | 20000 | 1 |
0.055 | 255707 | 3 |
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