Yep, they have 3 weeks to pull off some magic. SPP payment due by Friday 26/03. I obviously won't be giving them any money if the SP is below or on the SPP offer - that would just be silly. Will hold off until 24/03 to make a decision whether I partake.
The Compass deal was signed late November 2020..... If nothing comes out of it within 4-5 months from commencement (i.e. April), there will be another CR down the track before we know it IMO. They better get cracking.
In mid July 2020 they raised 1.5M via a SPP.
And here we are again, about 8 months later raising 1/3 of that..... Do the maths. $500k won't go far, assuming they even get the full $500k, given where the SP is currently. But as mentioned, they have 3 weeks to turn that around. 3 weeks is a long time for a small cap - so I'm hopeful
Mgmt are obviously banking on Compass $ coming through. But if that doesn't happen.......... We've waited 3 months already.
Yep, they have 3 weeks to pull off some magic. SPP payment due...
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Last
3.5¢ |
Change
0.003(9.38%) |
Mkt cap ! $11.84M | |||
| Open | High | Low | Value | Volume |
| 3.4¢ | 3.6¢ | 3.3¢ | $156.2K | 4.566M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15280 | 3.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.5¢ | 33242 | 1 |
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| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
3.4¢ |
Change
0.003 ( 3.03 %) |
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| Open | High | Low | Volume | ||
| 3.6¢ | 3.7¢ | 3.3¢ | 887000 | ||
| Last updated 14.35pm 06/05/2024 ? | |||||
| TRI (ASX) Chart |