The MC is so high because they keep making large placements to raise working capital and issue more shares at lower prices.
When I first traded shares in this company there were circa 350 million shares on issue so there has been a lot of shares issued through placements and share purchase plans over the last 20 years, circa 2.5 billion.
DYOR My thoughts and ramblings only
Caveat Emptor
The MC is so high because they keep making large placements to...
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.5M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 18661453 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 1703367 | 8 |
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| Last trade - 13.58pm 18/06/2025 (20 minute delay) ? |
| CTO (ASX) Chart |
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