Way too many shares on issue.!I was hoping that a consolidation was announced by now.
With only $3 million in cash, nothing can happen apart from MOU's. The cash will run out before anything concrete occurs, so a "major" CR must occur. That means a "major" dilution must occur.
Do I want to see my investment value drop another 50% from here in the hope that in 5 years from now, all will be good? That's the question I have to answer.
Ann: Hannans - 3rd Quarter Activities & Cashflow Report, page-3
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.98M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $12.3K | 3.074M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 15543723 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 680196 | 1 |
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| Last trade - 15.49pm 09/10/2024 (20 minute delay) ? |
| RIL (ASX) Chart |