Think you're right with the roadshow being a bit desperate. Even if they do raise more capital it will be at 0.01 so more millions of shares on issue to get any worthwhile amount, more dilution. Better they don't and just try to survive on their net cash which appears to be less than the value of an average house in Sydney. Your post above 'pissed off investors' sums it up unfortunately and announcements are doing nothing to the sp.
Think you're right with the roadshow being a bit desperate. ...
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0.5¢ |
Change
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Mkt cap ! $32.12M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
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| Price($) | Vol. | No. |
|---|---|---|
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