There's nothing to worry about yet. This was always most likely to drift towards 3.5c after the placement.
As stated again in the quarterly clients are already identified and they have a commercialisation strategy. I'm thinking we'll here more news about this before the coming cap raise that will see it completed higher than 3.5c.
Ann: Notice of Shortfall Allotment, page-33
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Last
18.5¢ |
Change
-0.005(2.63%) |
Mkt cap ! $99.46M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 19.5¢ | 18.0¢ | $584.2K | 3.076M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 373458 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 309354 | 2 |
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| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| EIQ (ASX) Chart |