I wouldn’t want this type of deal - an unsecured note (loan) to earn only 12% ($18,000) that if I convert to shares could possibly have a min value of $ $150 (SP @ .001) and a max $1500 (SP @ .01) which I think will be the bandwidth of trading prices for this dog for the foreseeable year.
Bear in mind because they had to withdraw Resolution 7 Share Consolidation on the 27th sept meeting (which I did vote down), once this new co starts trading they will attempt another cap raise/share consolidation combo with the added enticement of issuing new options with a new expiry date relative to existing option and share holdings.
I expect a flurry of exciting anns to pump the price and the heart rate of unsavvy investors seeking quick returns that will begin this series of processes of raising desperately needed funds - the $150k will initially fund this as well as other operational “working capital” requirements.
slow and steady wins the race - remember this current Board ain’t the same as those other See yoU Next TuesdayS!
- Forums
- ASX - By Stock
- PSL
- Ann: Change of Director's Interest Notice x 2
Ann: Change of Director's Interest Notice x 2, page-20
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PSL (ASX) to my watchlist
|
|||||
Last
2.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.94M |
Open | High | Low | Value | Volume |
2.1¢ | 2.4¢ | 2.1¢ | $5.27K | 230K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 300000 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.4¢ | 134000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 300000 | 0.012 |
3 | 684873 | 0.011 |
1 | 200000 | 0.010 |
1 | 333440 | 0.009 |
2 | 695000 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.024 | 134000 | 1 |
0.025 | 26467 | 1 |
0.026 | 572636 | 2 |
0.027 | 257369 | 1 |
0.028 | 939810 | 4 |
Last trade - 15.52pm 16/08/2024 (20 minute delay) ? |
Featured News
PSL (ASX) Chart |