When sophs or instos don’t participate it usually means:
there is a high probability that there may be very little uplift to come after equity placement
business plan isn’t robust enough in the short-medium term and have a high probability of participating in another equity placement which is likely at a further massive discount to the current placement already at a massive discount at 5c
it’s like watching paint dry
Ann: AML3D to Establish USA Facility following Capital Raise, page-22
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Last
14.0¢ |
Change
0.005(3.70%) |
Mkt cap ! $53.07M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.5¢ | 14.0¢ | $11.31K | 80.77K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 170326 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 114696 | 5 |
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| Last trade - 10.38am 05/09/2024 (20 minute delay) ? |
| AL3 (ASX) Chart |