If they sell one or a few boats I think the sp will really quickly as there will be no need for a CR.
It's a positive announcement, it appears traders are holding back in case they don't sell any ships and announce a CR...
You see if current cash combined with a sale of even one boat would carry them over for perhaps another 12 months.... by this time next year I expect margins may have already improved somewhat with the market expecting further margin improvement. As such, the share price should be at least in the mid 30's which would be a better time to raise equity as it's less dilutional.
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Mkt cap ! $20.18M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 40000 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.9¢ | 277760 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 40000 | 0.038 |
2 | 181197 | 0.037 |
1 | 212323 | 0.036 |
4 | 389217 | 0.035 |
2 | 2680471 | 0.034 |
Price($) | Vol. | No. |
---|---|---|
0.039 | 277760 | 1 |
0.040 | 17400 | 1 |
0.041 | 187000 | 1 |
0.046 | 123468 | 2 |
0.047 | 18799 | 1 |
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