yep a 1:20 recon leaves you roughly 150 m shares
SP at approximately 40c
go out to market on the back of your best news
and raise $20m to $40m
and you still only have close to
250 m to 300 m shares
before that clean up all the unmarketable parcels
it's not that costly I don't reckon
it's more the grief from shareholders who prefer the pip trades
but they can always find them somewhere else I say
be done with it lol
talk is cheap but the work it would take would be beneficial on the other side of the Recon
Ann: Corporate Presentation, page-33
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Last
1.6¢ |
Change
0.001(6.67%) |
Mkt cap ! $138.1M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.6¢ | 1.5¢ | $111.3K | 7.368M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 52 | 28937019 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 14661652 | 28 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| AVL (ASX) Chart |