A cash problem (or a perception of a cat problem) has a number of issues -
1. Not enough money (obviously).
2. The market anticipates a cash raise - which increases sellers and decreases buyers, leading to decreasing SP.
3. Leaves the company vulnerable to a market black swan event which may make it difficult to raise any money for a long period of time.
4. Uncertainty. A product of all of the above. Nothing kills a SP more than uncertainty. Uncertainty is death.
Rip the bandaid off and get a cash raise done quickly.
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AMEC Prospector Award 2019, page-16
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Last
13.0¢ |
Change
-0.010(7.14%) |
Mkt cap ! $75.54M |
Open | High | Low | Value | Volume |
13.5¢ | 13.5¢ | 13.0¢ | $16.94K | 125.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 137031 | 13.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 122177 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 137031 | 0.130 |
3 | 78007 | 0.125 |
1 | 50000 | 0.120 |
2 | 65000 | 0.115 |
1 | 50000 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 122177 | 2 |
0.145 | 107483 | 1 |
0.150 | 199723 | 5 |
0.155 | 30263 | 2 |
0.160 | 53466 | 3 |
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