I do not really know about these things; however, what I did notice is that $700,000 went as costs to raise the $11million.
No idea if this is typical, having never paid as much attention to how and where I put my money as I do now. But it looks like a fair chunk of the money went already just to raise it.
Ann: Trading Halt, page-62
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Last
5.3¢ |
Change
0.001(1.92%) |
Mkt cap ! $205.0M | |||
| Open | High | Low | Value | Volume |
| 5.2¢ | 5.3¢ | 5.2¢ | $181.5K | 3.475M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 180000 | 5.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.3¢ | 1579955 | 6 |
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