djkencloud -
dilutive equity financing means doing frequent capital raises to increase the umber of shares on issue and lower the value of each share. This way the existing shareholders are financing the company inadvertently.
This is what (poor) companies who don't generate their own revenue do.
I would be expecting a few more rounds of this here.
Ann: Trading Halt, page-32
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Last
44.0¢ |
Change
-0.010(2.22%) |
Mkt cap ! $4.993M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 44.0¢ | 44.0¢ | $1.048K | 2.382K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9082 | 44.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 1289 | 1 |
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| Last trade - 12.59pm 14/06/2024 (20 minute delay) ? |
| ZLD (ASX) Chart |