It just shows the dire straits YPB is in over funding and having enough money to pay their bills when they treat a $33,075 share sale as a price sensitive announcement.
It represents about 5 days of cash burn, and so far, they have only enough funds to get through2 months of this quarter.
This share sale didn't even cover the $35,000 cost YPB paid to Nexia Australia to report on the impact of the payback of JFHH's loans via a 1.5b new share issue.
Ann: Funding received from Dolphin Corporate Investments (DCI), page-2
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.616M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.2¢ | $1.593K | 626.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 15159000 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 9417138 | 12 |
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| Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
| YPB (ASX) Chart |