Yes I very much agree that's the most likely scenario now. This also means the share price might go down by upto 20% as a result of the dilution so a 1.1-1.2 is likely short term.
Then depending on cashflow from sales we should see the sp move higher to recognise the change in fundamentals. My thinking is that a target of 2.5-2.7 is the next level where we have a reasonable amount of resistance.
All in my opinion of course. GLTAH
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Yes I very much agree that's the most likely scenario now....
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1.1¢ |
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0.000(0.00%) |
Mkt cap ! $2.201M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.1¢ | $2.2K | 200K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 984781 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 200959 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 984781 | 0.011 |
3 | 930000 | 0.010 |
4 | 750001 | 0.009 |
4 | 835547 | 0.008 |
4 | 1500000 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 200959 | 2 |
0.013 | 552254 | 2 |
0.014 | 180379 | 1 |
0.015 | 280310 | 2 |
0.016 | 50000 | 1 |
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