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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Last
12.0¢ |
Change
0.005(4.35%) |
Mkt cap ! $69.73M |
Open | High | Low | Value | Volume |
11.5¢ | 12.0¢ | 11.5¢ | $19.29K | 161.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 308543 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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12.5¢ | 55454 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 308543 | 0.110 |
4 | 504384 | 0.105 |
1 | 470000 | 0.100 |
2 | 31315 | 0.095 |
1 | 100000 | 0.085 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 55454 | 2 |
0.130 | 134500 | 4 |
0.135 | 50000 | 1 |
0.140 | 116400 | 4 |
0.150 | 150000 | 2 |
Last trade - 16.10pm 29/03/2024 (20 minute delay) ? |
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Last
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Change
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Open | High | Low | Volume | ||
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Last updated 14.59pm 29/03/2024 ? |
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