If I am not wrong, the did do a CR at 70% discount. Or I might be confusing this one with another company.
I think that's when the SP really started to drop. And since then, it's been an ugly ride.
Next CR will have to be at big discount too (maybe 30% or 50%). Not surprising that many investors are not buying this at cheap prices. Directors aren't buying either.
If it doesn't fall further, it's because die-hard fans are not willing to sell anymore. But in truth, I can see this going to 0.1 cent. I am not selling because my parcel is very small and there's no point.
No cash left:
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Last
$1.02 |
Change
0.020(2.00%) |
Mkt cap ! $14.50M | |||
| Open | High | Low | Value | Volume |
| $1.00 | $1.04 | 99.5¢ | $44.55K | 44.45K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 192 | $1.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.04 | 6234 | 1 |
View Market Depth
| Last trade - 15.48pm 25/06/2025 (20 minute delay) ? |
| OSL (ASX) Chart |