My experience with these credit facilities is this, expect carnage
They swamp the market with their shares they got at a discount, and the shorts enter big time, the price crashes, they get more shares at a discount, they sell and the cycle continues all the way down
You are correct, time to raise is now
Death Spiral Financing (youtube.com)
Convertible Debt: Death Spiral (Part 1) (youtube.com)
- Forums
- ASX - By Stock
- Ann: Quarterly Activities and Cashflow Report
My experience with these credit facilities is this, expect...
-
- There are more pages in this discussion • 148 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
Add ASN (ASX) to my watchlist
(20min delay)
|
|||||
Last
7.4¢ |
Change
-0.001(1.33%) |
Mkt cap ! $100.2M |
Open | High | Low | Value | Volume |
7.6¢ | 7.6¢ | 7.4¢ | $152.1K | 2.044M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 222565 | 7.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.5¢ | 176934 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 184610 | 0.074 |
9 | 873452 | 0.073 |
11 | 768589 | 0.072 |
5 | 1310591 | 0.071 |
18 | 813233 | 0.070 |
Price($) | Vol. | No. |
---|---|---|
0.075 | 176934 | 1 |
0.076 | 325000 | 2 |
0.077 | 149999 | 2 |
0.078 | 373962 | 1 |
0.079 | 583307 | 5 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
ASN (ASX) Chart |