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Ann: ASX Conditional Approval to Lift Suspension, page-29

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AJ0403

221 Posts.

2

10/01/24

19:17

Post #: 71819383
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Originally posted by applesanddiamonds: ↑

This entitlement offer troubles me. A very attractive offer on the surface.

I guess it has to be a very good offer to get support but upon re listing the new price will drop to 8c.
I don't have clarity on what will drive the price up from 8c to the option price of 20c....and beyond.

To me it feels like one step forward, two steps back.

Still have a couple of weeks to convince myself one way or the other.

Expand

yes true, but as CC & director are buying maximum they can do I still have faith. good luck to all.

CDX Price at posting: 12.1¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 5.8¢		Change 0.001(1.75%)		Mkt cap ! $17.06M

Open	High	Low	Value	Volume
5.8¢	5.8¢	5.8¢	$66	1.139K

Buyers (Bids)

No.	Vol.	Price($)
1	499	5.8¢

Sellers (Offers)

Price($)	Vol.	No.
6.0¢	10393	2

View Market Depth

No.	Vol.	Price($)
1	499	0.058
2	45896	0.056
1	50000	0.055
1	127500	0.054
1	100000	0.053

Price($)	Vol.	No.
0.060	10393	2
0.061	33080	1
0.062	83300	1
0.063	130000	1
0.064	130000	1

Last trade - 15.33pm 03/10/2024 (20 minute delay)

CDX (ASX) Chart