This was so obviously coming. The governance to let it go this late in the date was crap, and I told them as much in a terse but civil communication.
YOu are a price taker not a price setter when leaving capital raises so late and the stock falls and falls on expectations. Depending on the structure (retail component or not) the stock will probably fall to/near the discount price issue initially, but longer term, with capital on board, if growth continues as it has, this could be the last time the stock trades under $0.20.
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Ann: Suspension from Official Quotation, page-3
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Last
5.8¢ |
Change
-0.007(10.8%) |
Mkt cap ! $6.665M |
Open | High | Low | Value | Volume |
6.6¢ | 6.6¢ | 5.8¢ | $369.7K | 6.086M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 529631 | 5.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.1¢ | 200000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 529631 | 0.058 |
4 | 533850 | 0.057 |
4 | 605742 | 0.056 |
3 | 154545 | 0.055 |
1 | 12000 | 0.054 |
Price($) | Vol. | No. |
---|---|---|
0.061 | 200000 | 2 |
0.062 | 30000 | 1 |
0.063 | 206382 | 3 |
0.064 | 102616 | 2 |
0.065 | 145667 | 3 |
Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
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OSX (ASX) Chart |