So , the main reason for the ratification seems to be for the company to issue another 15% of shares and options , the questions that need answering are ,
* will these new shares be offered to retail and sophisticated investors ?
* will they be offered to a potential future take over buyer ?
* will they just be used to fund future expansion ?
* when will they be issued ?
* have they already agreed to an organisation for a 15% stake in the company ?
* Paul’s condition seems to cover his dilution %
* when will the share price be free from manipulating ?
interested in others thoughts
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So , the main reason for the ratification seems to be for the...
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4.7¢ |
Change
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Mkt cap ! $22.32M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 231096 | 4.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.7¢ | 142144 | 2 |
View Market Depth
No. | Vol. | Price($) |
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1 | 50000 | 0.045 |
1 | 51759 | 0.042 |
1 | 13888 | 0.041 |
3 | 450000 | 0.039 |
1 | 255000 | 0.038 |
Price($) | Vol. | No. |
---|---|---|
0.047 | 142144 | 2 |
0.048 | 61184 | 1 |
0.050 | 588941 | 5 |
0.052 | 20074 | 1 |
0.056 | 60000 | 1 |
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