The share price buy side on Commsec is now showing a s/price .018 cents.
I would think that those s/holders that took up the IPO not that long ago will be absolutely concerned, noting that KNB raised $8,000,000 pursuant to the offer under its prospectus dated 2 July 2021 by the issue of 40,000,000 shares at an issue price of $0.20 per share.
Now the s/price buy side is at .018 and the Co only has $2.5 Mill left in the kitty according to the last 4C ............ IMO, I wonder if they will need to do a Capital raising shortly for running costs and further exploration.
Ann: Notification of cessation of securities - KNB, page-3
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Last
4.0¢ |
Change
-0.001(2.44%) |
Mkt cap ! $40.98M | |||
| Open | High | Low | Value | Volume |
| 4.1¢ | 4.1¢ | 3.8¢ | $713.7K | 17.95M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 276393 | 3.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.1¢ | 674525 | 7 |
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| Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
| KNB (ASX) Chart |