$2m will go close to doubling the current market cap. This means for a complete shareholder take up they would need to tip in their current value again. This won't happen. Interesting to see if this will be underwritten and who that underwriter will/might be. Someone will grab a large chunk of this company for not much outlay. If sales continue on this trajectory, it could be instant kava for them.
Ann: Quarterly Activity and Cashflow Report, page-4
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Last
0.4¢ |
Change
0.001(16.7%) |
Mkt cap ! $10.53M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.4¢ | 0.3¢ | $3.673K | 1.050M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 30627432 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 25504476 | 25 |
View Market Depth
| Last trade - 10.50am 23/07/2025 (20 minute delay) ? |
| CCO (ASX) Chart |