YPB 0.00% 0.2¢ ypb group ltd

As sure as night follows day, YPB pumps up their share price...

  1. 92 Posts.
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    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($)
50 140612059 0.1¢
 

Sellers (Offers)

Price($) Vol. No.
0.2¢ 6451119 8
View Market Depth
Last trade - 10.56am 14/05/2024 (20 minute delay) ?
Last
0.2¢
  Change
0.000 ( 25.0 %)
Open High Low Volume
0.2¢ 0.2¢ 0.2¢ 1200000
Last updated 15.06pm 14/05/2024 ?
YPB (ASX) Chart
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