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
5.6¢ |
Change
-0.005(8.20%) |
Mkt cap ! $15.08M | |||
| Open | High | Low | Value | Volume |
| 6.0¢ | 6.4¢ | 5.6¢ | $56.14K | 952.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1200000 | 5.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.2¢ | 50000 | 1 |
View Market Depth
| Last trade - 15.27pm 17/05/2024 (20 minute delay) ? |
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Last
5.7¢ |
Change
-0.005 ( 8.06 %) |
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| Open | High | Low | Volume | ||
| 5.9¢ | 6.4¢ | 5.6¢ | 247150 | ||
| Last updated 15.16pm 17/05/2024 ? | |||||
| AL3 (ASX) Chart |