Simple math,
At 4c, in thecondition that every option is converted, SIS will be priced at $34M MC (not countingthe director’s options). That would require considerable progress in revenues.
That is thedirect result of lousy capital management in the past diluting SHs to oblivion.
The biggestquestion is whether SIS will make it without a new CR assuming they want toramp up business activities.
What dopeople think about it?
Ann: Appendix 4C and Quarterly Activities Report, page-24
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.26M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3334 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 5789333 | 9 |
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| Last trade - 16.12pm 14/06/2024 (20 minute delay) ? |
| SIS (ASX) Chart |
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