As sure as night follows day, YPB pumps up their share price based on a 'material contract' that is IMO wildly overstated, followed by a CR.
As I have previously described when YPB's shares were trading at 0-2c to 0.3c, there was no room for discounting their share price to attract any investor to do a CR. The court win provided YPB with $250k, which will give them another month's funding, but as I also pointed out previously, YPB had to do a CR or take funding action this month as JH's loan would be all used up before the end of this current quarter.
You can bet the CR will involve a massive issue of shares at a discounted price on the current 0.5c share price, and further dilution. If you hold shares in YPB, just think of what it has cost you, being put through a consolidation where you swapped 25 shares for 1, only to have the value of each share to fall back to pre-consolidation levels within 5 months.
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.616M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $408 | 204K |
Buyers (Bids)
No. | Vol. | Price($) |
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50 | 140612059 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.2¢ | 6451119 | 8 |
View Market Depth
No. | Vol. | Price($) |
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50 | 140612059 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.002 | 6451119 | 8 |
0.003 | 14155985 | 24 |
0.004 | 3045677 | 11 |
0.005 | 4300614 | 10 |
0.006 | 1559750 | 2 |
Last trade - 10.56am 14/05/2024 (20 minute delay) ? |
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Last
0.2¢ |
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Change
0.000 ( 25.0 %) |
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Open | High | Low | Volume | ||
0.2¢ | 0.2¢ | 0.2¢ | 1200000 | ||
Last updated 15.06pm 14/05/2024 ? |
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