They wont be using a debt facility to fund wages etc. so they absolutely will need to cap raise, with big dilution and a bucket load of cheap options.
Unfortunately this has become about as bottom draw as you can get, the dilution to come, will make today's 11c way over priced
Global recovery has not even really started yet, so this is a minimum 10 years for a turn around to production..bag this comment all you want, but the only winners for the next 10 years in the IO space is the current producers..all specs in all industries are in for a minimum 5 years of sit and wait.
the greedy pigs will still have their snouts in the trough, sucking out every last dollar
If you take every bit of emotion and great resource out of your thinking, then you will come to the conclusion, that its best to get out why you can and maybe come back..
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2.1¢ |
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-0.002(8.70%) |
Mkt cap ! $21.34M |
Open | High | Low | Value | Volume |
2.3¢ | 2.3¢ | 2.1¢ | $13.30K | 633.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 310954 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.2¢ | 782847 | 5 |
View Market Depth
No. | Vol. | Price($) |
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3 | 310954 | 0.021 |
7 | 864465 | 0.020 |
10 | 2650522 | 0.019 |
3 | 250053 | 0.018 |
5 | 895704 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 782847 | 5 |
0.023 | 570736 | 3 |
0.024 | 118527 | 4 |
0.025 | 202440 | 2 |
0.026 | 150000 | 1 |
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