This doesn’t seem like a great deal.
Raising $500,000 with approximately 40% of it going in fees!!!!! So for every $2,500 you subscribe for, roughly $1000 goes in fees.
Not only that, they misrepresent it at the beginning by only saying it’s $60k (below) and claiming $125k is for advisors fees for the acquisition whereas above the claim it as part of the raise. Which is it??? Creative accounting? Looks a bit suss AIMO DYOR.
This doesn’t seem like a great deal.Raising $500,000 with...
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Last
0.5¢ |
Change
0.001(11.1%) |
Mkt cap ! $6.605M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $6.709K | 1.425M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 2000763 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 6024096 | 12 |
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| Last trade - 15.55pm 08/10/2024 (20 minute delay) ? |
| EXL (ASX) Chart |