I think this confusion in the RNS, provides opportunity to capital raise at a better price than a clear picture would have allowed.
Then once a capital buffer is in place, the consolidation will be pushed
From there the consolidated price will erode sharply
Effectively diluting current shareholders into minor holders
Management will gain a significant stake from the 2.5 billion share kitty being created as performance shares
The reset will have completed to begin again, with a few hundred million shares on issue, and a market cap in line with a new explorer
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Last
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Mkt cap ! $72.23M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.2¢ | $27.89K | 9.681M |
Buyers (Bids)
No. | Vol. | Price($) |
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615 | 1000389195 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.3¢ | 409390155 | 97 |
View Market Depth
No. | Vol. | Price($) |
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615 | 1000389195 | 0.002 |
150 | 777729187 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.003 | 408390155 | 96 |
0.004 | 402394729 | 188 |
0.005 | 106645264 | 88 |
0.006 | 65511073 | 57 |
0.007 | 117035488 | 43 |
Last trade - 15.17pm 06/06/2024 (20 minute delay) ? |
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Last
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Change
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Open | High | Low | Volume | ||
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Last updated 14.45pm 06/06/2024 ? |
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