Exactly.
They had a market cap of $100m when I bought in last week and they have just managed to secure $50m.
Some people don't understand how big that is and just focus on a down day.
It may bounce around the raise price in the short term, but I believe they can use the money to increase the value of this company by multiples in the medium term.
I'll be adding some more if it does head down a little.
Enjoy the rest of the week people.
Scorp
Holding CCZ ,CGB ,IOU
$1 Club, page-11711
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Last
1.5¢ |
Change
-0.001(6.25%) |
Mkt cap ! $17.03M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.8¢ | 1.4¢ | $252.5K | 16.38M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 2187714 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 433613 | 3 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| OVT (ASX) Chart |