The pre- trading halt price would have included a significant (and very real, at the time) discount for the risk of total equity wipe out.
Removing this distress, (assuming refi goes through) should logically (IMO) result in a price increase multiples of the last traded $0.28 price.
It was like a mispriced option in the $0.20 range. Scathing I didn't buy a small position (although there could still be a curve ball with the refi!)
The pre- trading halt price would have included a significant...
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 (20min delay)
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Last
50.0¢ |
Change
0.010(2.04%) |
Mkt cap ! $80.36M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 50.0¢ | 48.0¢ | $20.41K | 41.74K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25000 | 49.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 24682 | 1 |
View Market Depth
| Last trade - 14.14pm 01/08/2025 (20 minute delay) ? |
| PNC (ASX) Chart |