YPB 0.00% 0.2¢ ypb group ltd

Ann: Trading Halt, page-7

  1. 95 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
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
22 22886496 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 5884564 10
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Last trade - 12.40pm 30/05/2024 (20 minute delay) ?
YPB (ASX) Chart
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