Reading from the announcement, I think that 500k is to keep them solvent, and new annual report due next week will allow them relist, if ASX agrees.Thereafter, my thoughts is that there would be a dilutionary SPP, asking for handouts from existing shareholders.Going to be hard choices for small time existing holders.
Reading from the announcement, I think that 500k is to keep them...
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Last
1.4¢ |
Change
-0.001(6.67%) |
Mkt cap ! $29.62M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.4¢ | $1.015K | 69.41K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 7231676 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 1756090 | 7 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
1.4¢ |
Change
-0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 1.5¢ | 1.5¢ | 1.4¢ | 1164101 | ||
| Last updated 13.15pm 06/05/2024 ? | |||||
| PIL (ASX) Chart |