The dilution/cash injection/acquisition comes part and parcel with turning an empty shell into a real company with a catalyst for a rerate.
If finnind is right and its a $3m placement at 0.005 it'll mean it gets turned from a $5m [$4.5m EV] company with no cash into a $9m [$5.5m EV] company with over $3m of cash. Given how hot some of these shells are running as of late and depending on whether the acquisition is good or not there is good potential for a rerate.
Even at 0.015 (3 year resistance) it will still only be a $16m EV and at 0.028 (3 high year) a $32m EV, which is not unrealistic given how hard the spec market is running at the moment.
Price SOI Cash Market Cap Enterprise Value 1 Pre Placement 0.007 671,483,898 280,000 4,700,387 4,420,387 2 3 Placement 0.005 600,000,000 3,000,000 3,000,000 - 4 5 Post Placement 0.007 1,271,483,898 3,280,000 8,900,387 5,620,387
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.470M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.8¢ | $8.09K | 1.011M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 338946 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 1135009 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 338946 | 0.008 |
6 | 1146723 | 0.007 |
4 | 10850000 | 0.006 |
2 | 400000 | 0.005 |
1 | 500000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 1135009 | 3 |
0.010 | 200000 | 1 |
0.011 | 1799507 | 5 |
0.012 | 1265000 | 3 |
0.013 | 406813 | 4 |
Last trade - 10.20am 12/07/2024 (20 minute delay) ? |
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