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.
1 for 10 would only leave 250000000, which is not enough for...
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Last
56.0¢ |
Change
-0.010(1.75%) |
Mkt cap ! $59.09M | |||
| Open | High | Low | Value | Volume |
| 57.0¢ | 57.0¢ | 54.0¢ | $96.73K | 176.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12 | 55.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 56.0¢ | 7999 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| IIQ (ASX) Chart |