Valuation for 530mil shares @ 27c is ~ $143mil.
Revenue for 2019 < $500k
Cash available for operation is ~ $800k
placement of 12.25mil shares @ 5.1c in July for $625k
Are they pumping for CR to raise operational funding for WU agreement @ and what price, 20c ?
A risky play.. What else do I miss ?
Ann: Response to ASX Price Query, page-7
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Last
18.0¢ |
Change
0.010(5.88%) |
Mkt cap ! $109.8M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.5¢ | 17.0¢ | $101.7K | 578.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15263 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 72530 | 3 |
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| Last trade - 16.10pm 31/10/2024 (20 minute delay) ? |
| IOD (ASX) Chart |