When this was floated, the initial price of this share was 20cps. Then this hit the high 60cps and now around the 2cps.
What was the expectation when it was issued? (20cps)What was the estimates?
What is the expectation now with twice the amount of shares issued? i would have thought that if the results are as initially planned, this should be trading around the 10cps after dilution.
Any thoughts?
20c per share float
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Last
2.6¢ |
Change
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Mkt cap ! $97.67M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 5 | 654301 | 2.5¢ |
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|---|---|---|
| 2.6¢ | 4224807 | 4 |
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| Last trade - 13.25pm 08/07/2024 (20 minute delay) ? |
| BCN (ASX) Chart |