@Brumbypat - my message says there is now a ceiling at 10c and the stock will halve due to financing issues.
I note rights issue today @8c - you’d expect less than 50% takeup given ongoing concerns re survival. So I still hold to stock halving and floor now reduced further to 8c. As usual as well they haven’t raised enough again - they need circa $20m.
Also I’m not sure how they can give ‘profit’ projections for 2019 and 2020 when their 12 month projection has always been short.
@Brumbypat - my message says there is now a ceiling at 10c and...
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Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $97.01M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 9.8¢ | $53.17K | 527.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 141250 | 9.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 78599 | 1 |
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| Last trade - 16.10pm 05/11/2024 (20 minute delay) ? |
| BET (ASX) Chart |