because the company is underfunded to the point which a capital raise needs to be undertaken.
holders know dilution is coming so they are selling and the lower the share price drops the more they will be diluted which creates further selling.
a nasdaq listing is not specifically needed but any form of capital raise would have sufficed, perhaps some months ago when the share price was more than double the level it is now.
because the company is underfunded to the point which a capital...
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Last
7.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.68M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 7.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.0¢ | 96442 | 2 |
View Market Depth
| Last trade - 16.14pm 13/06/2025 (20 minute delay) ? |
| TNY (ASX) Chart |
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