I think market confidence takes a pretty big hit if coy feels it needs to do a CR of over 20% of its capital @ 20% + discount to 20-day VWAP. A CR, when none or only a small one was expected. It certainly was not expected in the foreseeable future according to Canaccord analyst report in Sept. I will wait for ASIC to get the bottom of that one.
They'll need to instill more investor confidence in their transparency before this takes off again.
I think market confidence takes a pretty big hit if coy feels it...
Add AXP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.824M | |||
| Open | High | Low | Value | Volume |
| 0.1¢ | 0.1¢ | 0.1¢ | $10 | 10.20K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 21503676 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 86063854 | 62 |
View Market Depth
| Last trade - 14.05pm 02/10/2024 (20 minute delay) ? |
| AXP (ASX) Chart |