Ugly.. and will particularly hurt those with larger shareholdings, who see their shareholdings obliterated through dilution and get the same opportunity as those with small shareholdings to subscribe for up to $30k. All for a relatively modest $4.5m raise.
New shareholders could sell now at 0.004, bank a 12.5% profit and keep the short and long options, risk free. It's hard to imagine those bidding at 0.004 will not be taken out in the near future.
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.96M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.3¢ | $3.516K | 1.112M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
75 | 108230584 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 151421887 | 64 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
75 | 108230584 | 0.002 |
26 | 140640147 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 151421887 | 64 |
0.005 | 9118150 | 14 |
0.006 | 18680142 | 15 |
0.007 | 52264874 | 24 |
0.008 | 38120994 | 29 |
Last trade - 13.21pm 06/11/2024 (20 minute delay) ? |
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