Yes, the purchase price equivalent to 3B shares on today's market plus 1.375B performance rights. At .001 that is $4.375M, or $8.75M at .002.
Really, it was only the Hirsch buy that pushed us up to .002, most trades prior were sellers into the .001 line with the odd nibble at the .002 buy line.
If the company hits those performance targets - including $3M revenue in 12 months - I expect the SP will be pushing along nicely.
In 12 months, with 710M shares on issue and SP at 1.5c (20% rise on .001 pre cons.) would value us at just over $10M. Sounds about right for a (hopefully growing) company with $3M in revenue.
Yes, the purchase price equivalent to 3B shares on today's...
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.525M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 200000 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 317375 | 1 |
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| Last trade - 10.13am 16/10/2024 (20 minute delay) ? |
| ZMM (ASX) Chart |
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