You would like to think that we will get an update on the financing deal that is supposed to be finalised by the 30th June.
If this happens then the price will go up
If not you assume that they will tap the market and it will be at a discount so short term drop for a longer term gain (But given the current share price and that they are probably going to offer a 20% discount on a cap raise to Sophs and mates it wouldn't be the best outcome in my opinion)
Or management continue to make us wait and the uncertainty continues until they are required to provide another update at the end of July.
Please management give us some news!
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Mkt cap ! $43.39M |
Open | High | Low | Value | Volume |
4.0¢ | 4.0¢ | 4.0¢ | $2K | 50K |
Buyers (Bids)
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---|---|---|
1 | 134407 | 3.8¢ |
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Price($) | Vol. | No. |
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4.0¢ | 233241 | 2 |
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No. | Vol. | Price($) |
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1 | 134407 | 0.038 |
1 | 14783 | 0.037 |
3 | 400000 | 0.036 |
2 | 225000 | 0.034 |
1 | 500000 | 0.025 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 233241 | 2 |
0.042 | 200000 | 1 |
0.044 | 700000 | 2 |
0.045 | 10000 | 1 |
0.050 | 1010000 | 3 |
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