I would describe your post as more hopeful than balanced, but each to their own.
I get that people don't want to lose money, most on here wouldn't have if they'd listened to @amb005 who's held a consistent view and posted it on here since this company was trading > $1. The release of the AFR article couldn't have come at a worse time (not that there is a good time for such an article), the company is trying to fill the shortfall in their recent raise by offering it to sophisticated investors. It wouldn't surprise me if they have to release a new offer at a further discounted price to get them to bite.
One thing is for certain, the action in the SP this week ahead is going to be interesting. There will be the fallout from the AFR article as well as the new shares from the cap raise hitting the market on Wednesday I believe.
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
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1 | 19642 | 0.028 |
6 | 679350 | 0.027 |
6 | 389499 | 0.026 |
10 | 1065000 | 0.025 |
1 | 125041 | 0.024 |
Price($) | Vol. | No. |
---|---|---|
0.029 | 17025 | 1 |
0.030 | 1470 | 1 |
0.031 | 140435 | 1 |
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