I'd hope there'd be an option for an SPP available to existing holders, but given the cash injection possibly needed, the current MC on the open market, it's not looking probable - if they need $10M, they probably wont get it from the group that got them just north of $50M. If we're up for 20% dilution, may be worth taking action to chip away at that once trading starts, but good luck topping up under 5.
Expecting potential share consolidation, possibly as much as 5:1 at some point in the future, just to assure we get above that $1 mark.
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I'd hope there'd be an option for an SPP available to existing...
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Change
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Mkt cap ! $6.375M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 10985351 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 1410500 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 10985351 | 0.004 |
11 | 9923569 | 0.003 |
5 | 3449980 | 0.002 |
2 | 2500000 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 2090891 | 5 |
0.006 | 2806912 | 5 |
0.007 | 2858236 | 5 |
0.008 | 1306448 | 4 |
0.009 | 100000 | 1 |
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