thats what i thought about a year or two ago.
Then, they consolidated the stock 15-1
Then they did a heavily discounted rights issue 10-1 (not 1 for 10, but 10 for 1, plus 2 options) completely reversed the effect of the consolidation. Flushed the old away. And now they will run out of money again, and with a fat registry, look forward to your next consolidation, and chase new punters like yourself.
Be warned, Great tech, but no regard for the shareholders in their capital management approach from history.
Ann: Activities Update Qtr Ending June 2024 and Appendix 4C, page-31
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Mkt cap ! $4.622M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 300000 | 3.8¢ |
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| Price($) | Vol. | No. |
|---|---|---|
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