If they raise $2.5m I’m sure they will say it’s “oversubscribed.”
The fact they’ve only set out to raise $2.5m with a market cap of nearly $100m shows how little demand there is for a company with that market cap.
Ill counter re evolution with IBX. Have a look at its performance, I’m happy to put together a post with a list of examples that evolution have barbecued- the evolution “grave yard” list if you’d like?
WW
Ann: Trading Halt, page-11
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Last
3.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $61.37M | |||
| Open | High | Low | Value | Volume |
| 3.5¢ | 3.5¢ | 3.3¢ | $21.56K | 646.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 671026 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.7¢ | 854039 | 2 |
View Market Depth
| Last trade - 13.20pm 15/05/2024 (20 minute delay) ? |
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Last
3.3¢ |
Change
0.000 ( 5.71 %) |
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| Open | High | Low | Volume | ||
| 3.5¢ | 3.5¢ | 3.3¢ | 57121 | ||
| Last updated 14.41pm 15/05/2024 ? | |||||
| ZEO (ASX) Chart |