another brutal 2 x tranche CR coming. 1st consuming all placement capacity and the 2nd tranche will be voted. All to raise around $2mil which half will go to paying salaries and corp expenses and the rest will buy about 5 holes....
brutal....
Someone asked Max if a possibilty of a recap is on cards he said no. red flags imo! because if it isn't it means an annual repeat of 40-50% dilution. which will compound yearly. Won't take long for CPO to crack 2bil SOI.
another brutal 2 x tranche CR coming. 1st consuming all...
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Last
5.1¢ |
Change
-0.002(3.77%) |
Mkt cap ! $8.433M | |||
| Open | High | Low | Value | Volume |
| 5.2¢ | 5.2¢ | 5.0¢ | $28.28K | 551.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 470719 | 5.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.3¢ | 188679 | 1 |
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| Last trade - 15.38pm 18/07/2024 (20 minute delay) ? |
| CPO (ASX) Chart |