....Hey 'Asxnewbie' do the math... yes his 'thoughts' are a bit 'beyond'.
BUT. When they have 50M in the bank and issued almost half. Then requiring to pay the other 50%...
Keep in mind all the announcements with the increase to staff members? These guys don't get paid with peanuts just FYI.
In order to keep paying their operation costs how do they expect to run? The income hasn't been amazing.
I'd bet on a cap raise too, how much not sure... how many on offer who knows. Will they need MONEY? Absolutely.
Food for thought mate.
Ann: IDSB Conditions Precedent Satisfied & Tranche 1 Completion, page-19
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Last
2.7¢ |
Change
-0.002(6.90%) |
Mkt cap ! $54.81M | |||
| Open | High | Low | Value | Volume |
| 2.9¢ | 3.0¢ | 2.7¢ | $2.134M | 74.89M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 2965212 | 2.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.8¢ | 3311896 | 3 |
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| OVT (ASX) Chart |