My average was 12c and exited at 10.2c -- its 7 cents now. So if I believed what you are saying, I can easily make back my ~20% loss.
But you have your head in the sand. You say the business needs capital, yet you see no dilution.You see the irony?
How much discount was the last capital raise at? And that was at a much higher share price.
Now the company is in distress and out of funds. How much discount will entail now?
20% discount ateast on share price. The extra shares automatically lead existing holders to another 20-40% dilution. Its basic maths.
My average was 12c and exited at 10.2c -- its 7 cents now. So if...
Add CKA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $113.2M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $72.76K | 721.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 134232 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 88209 | 3 |
View Market Depth
| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
|
|||||
|
Last
10.5¢ |
Change
0.000 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 10.5¢ | 10.5¢ | 10.0¢ | 126271 | ||
| Last updated 14.50pm 08/05/2024 ? | |||||
| CKA (ASX) Chart |