Depends how much dilution we have going forward.
Lind's 2 con notes allow a monthly issue of $100k+ worth of shares which continually hit the market , forcing the share price down only to have even more shares issued on the next round.
Who knows what current management have up their sleeves in terms of cap raisings.
Unless this situation is curtailed soon it would be easy to the number of shares on issue double over the year ahead to a point that the company's viability would be questioned.
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Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $151.4M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.5¢ | 16.5¢ | $83.24K | 489.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 60244 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 92147 | 5 |
View Market Depth
| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| AEE (ASX) Chart |