Your on the money. SP will be bumped up to 10cent for TSX (V) listing and will then plummet. They'll then do cap raising with massive dilution (and keep an eye out for how many e/ee options are being issued). For what's its worth, SH's should vote with their mouth and oppose the listing.
If it's market conditions that have brought the SP down, then why not simply wait for its improvement. In the meantime they can shore up their JORC results.
Problem is, JM is full of shit and you can never belive a word he says.
Oh, I did say in the past I would buy AIW at levels between 2.3 - 2.7 cents (and people laughed). Now that its down here I'm not going anywhere near AIW.
Good luck to all who are still holding. Not sure why though?
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Mkt cap ! $5.137M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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20 | 17746946 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 27299458 | 22 |
View Market Depth
No. | Vol. | Price($) |
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20 | 17746946 | 0.002 |
34 | 104647947 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 27299458 | 22 |
0.004 | 5881657 | 11 |
0.005 | 3302379 | 4 |
0.006 | 4220305 | 4 |
0.007 | 4000000 | 1 |
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