re: Ann: Appointment of Managing Director to ... The targets have to be realistic though. With the current SP in mind 1.5c (50% gain on placement), 3c (300% gain on placement), 4c then 6c milestones is reasonable to me and only 10m shares each tranche isn't much dilution.
I understand that Patto's like to flip shares reasonably quickly but this sell off began well before the placement. The question is why would so many people be willing to take a loss before the company even considers moving forward and prior to the placement too.
Anyway, worth keeping an eye on.
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Last
2.8¢ |
Change
0.001(3.70%) |
Mkt cap ! $48.11M | |||
| Open | High | Low | Value | Volume |
| 2.8¢ | 2.8¢ | 2.7¢ | $85.93K | 3.069M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 300000 | 2.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.8¢ | 1231056 | 3 |
View Market Depth
| Last trade - 16.10pm 31/07/2025 (20 minute delay) ? |
| VHL (ASX) Chart |