that is what i keep thinking smsman. they are acting like they are confident. they said they were very confident of a Fuji deal. they are only
doing short term small CRs, the Directors are buying shares, they are announcing new global customers.....
i suspect Fuji threw them a curveball knowing BCT would be out of cash shortly and had informed the market of an impending deal and so they negotiated hard for a very favourable deal for themselves. (classic big multinational play!). And so as not to be in such a weak position BCT had to do a CR at the lower SP price. perhaps the FUJi deal will be so fantastic the SP will jump much higher and they will do another raise with an SPP? it is a smarter play to raise at a higher SP and not dilute existing shareholder value (stating the obvious) . And maybe with a bigger raise they are ready to market aggressively and push for much faster growth.
All speculation. DYOR
GLTAH
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.092M |
Open | High | Low | Value | Volume |
0.6¢ | 0.6¢ | 0.6¢ | $600 | 100K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2005000 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 3641582 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2005000 | 0.005 |
13 | 4263910 | 0.004 |
22 | 7553332 | 0.003 |
12 | 7530000 | 0.002 |
2 | 1800000 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 3641582 | 9 |
0.007 | 2083539 | 7 |
0.008 | 500000 | 1 |
0.009 | 590000 | 2 |
0.010 | 553339 | 1 |
Last trade - 09.59am 25/07/2024 (20 minute delay) ? |
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