IMO the share price could be as low as 06.75 cents with the way things are going. The terms as I have read are Quote "$0.10 per Share; ora 5% discount to the volume-weighted average price of the Shares traded on ASX over the 5 trading days up to and including the day on which the Offer is scheduled to close (being from 24 January to 31 January 2020 inclusive), (being the Issue Price).This means if the oin market price falls to about 07 cnts less the 5% how much will be added to cash holdings if there ius littlke or no take up. At this rate they are saying but up to $30k and at 07c that is close to 500k shares. How would you thenm sell them to get any sort of profit? That would incur a very long wait unless thess was a Board upset and even then it would take some time
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IMO the share price could be as low as 06.75 cents with the way...
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