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0.2¢ ypb group ltd

This dog is like crypto. Only invest amount of money you are...

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raymonddz

1,120 Posts.

51

23/03/23

17:18

Post #: 66927575
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Originally posted by talkalot: ↑

The market hasn't taken kindly to today's announcement, with the share price now at 0.4c which is below the CR price. Pressure on the share price to fall can only increase due to the dilution effect of all the hundreds of millions of new shares being issued under the CR.

What will the share price be tomorrow... any bets for 0.3C?

YPB's current cash burn rate of $250k per month will accelerate throughout the remainder of 2023 due to the NVISO deal and the $2m CR won't last out 2023 and they will need another CR this year.

It is unlikely YPB will be able to reverse the downward revenue trajectory and JH is dreaming if he believes YPB will get any revenue from the NVISO deal in 2023, or be saved by the pull-tab lottery contract. Both of these will use and tie up YPB's cash and manpower resources to the detriment of revenue growth at a time when it is so badly needed for survival.

Incompetent management, poor business strategy if you ask me!

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This dog is like crypto. Only invest amount of money you are willing to lose.
I dont think any of those in this forum invest more than 20K to this dog hahaha.
I put 2K in 0.4c and willing to lose them all. that's why they call penny stocks. why we have to be too serious.

YPB Price at posting: 0.3¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 0.2¢		Change 0.000(0.00%)		Mkt cap ! $1.616M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	250000	0.2¢

Sellers (Offers)

Price($)	Vol.	No.
0.2¢	7764668	4

View Market Depth

No.	Vol.	Price($)
1	250000	0.002
50	144282059	0.001
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.002	7764668	4
0.003	14990585	27
0.004	4165677	11
0.005	5400614	11
0.006	1559750	2

Last trade - 07.01am 09/05/2024 (20 minute delay)

YPB (ASX) Chart

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