1 for 10 would only leave 250000000, which is not enough for free market trade but would leave the sp around $0.30. Which actually is a good moving point. A move up to .50 or down to .20 would be gradual. Anything below .20 would be terrrible.
1:5 = 500m is the perfect number for trade and to issue more in the future. The price would be $0.15 which leaves a move up to .20 as the barrier and anything near .10 disastrous.
I am optimistic but have doubts given the departure of All of the original founders which makes me doubt the substance of the bd1 tech and fear Williams’.motives.
Ann: Appendix 2A - Issue of Scheme Shares, page-9
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add IIQ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
55.0¢ |
Change
-0.020(3.51%) |
Mkt cap ! $57.50M | |||
| Open | High | Low | Value | Volume |
| 57.0¢ | 57.0¢ | 54.0¢ | $92.50K | 168.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2392 | 55.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.5¢ | 5188 | 1 |
View Market Depth
| Last trade - 15.20pm 28/06/2024 (20 minute delay) ? |
| IIQ (ASX) Chart |