More to do with securing underwriter participantion Ram.
Skin in game with Director participation and their partial underwriting a good sign.
At $0.011 afordable with only max 8.333% dilution on full participation. 20M units to Lead Manager.
Not a "sky is falling" CR. Particularly in light of Pitt St Analysis that factored a 2+X valuation after a "Hail Mary" CR.
Ann: Trading Halt, page-72
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Mkt cap ! $64.73M | |||
| Open | High | Low | Value | Volume |
| 2.6¢ | 2.6¢ | 2.5¢ | $19.02K | 731.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 2583447 | 2.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.6¢ | 62402 | 2 |
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