COT 0.00% 15.5¢ continuation investments limited

Well if everything holds true and they plan on consolidating 3:4...

  1. 22,120 Posts.
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    Well if everything holds true and they plan on consolidating 3:4 and then raising $8m at 20c we should get 15c at least as they won't be able to raise any money at 20c if the share price isn't at least the implied 20c on a 3:4 which is 15c

    $8m is a lot to raise so you'd think to inspire confidence they will try have it higher than the implied 20c level which is 15c

    Let's see what unfolds
 
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