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
17.0¢ |
Change
0.005(3.03%) |
Mkt cap ! $103.7M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 17.0¢ | 16.5¢ | $3.425K | 20.15K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1030 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 71336 | 2 |
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| Last trade - 12.30pm 27/09/2024 (20 minute delay) ? |
| IOD (ASX) Chart |