To raise that amount of money ($75m) would require ~400m shares to be issued at a price of 19c.
That would not only be a kick in the teeth for shareholders but include a kick in the guts and backside while your at it.
Then what we go through a consolidation again because there are a billion shares on issue.
I really hope this is not the outcome MD is going to deliver at this SP.
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7.4¢ |
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Open | High | Low | Value | Volume |
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---|---|---|
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Sellers (Offers)
Price($) | Vol. | No. |
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1 | 5919 | 0.074 |
2 | 142779 | 0.073 |
2 | 147362 | 0.072 |
2 | 310000 | 0.071 |
5 | 134299 | 0.070 |
Price($) | Vol. | No. |
---|---|---|
0.078 | 156164 | 2 |
0.079 | 75000 | 1 |
0.080 | 337231 | 4 |
0.081 | 125000 | 2 |
0.082 | 41785 | 1 |
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