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0.8¢ rocketdna ltd.

This post poignant in hindsight.Anyone who has commented on...

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TheSpeakAge

671 Posts.

96

16/01/24

14:32

Post #: 71904004
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Originally posted by Voiceover: ↑

@13thHow do you have this information? You have to work for the company or have inside information. Also, you say it will not be a large raise and the cap after the raise will be 6.5 million. If this is true, it has to be a very dilutive raise. Last price was .009 and with the current shares on issue, that would be a market cap of 4.805,033. 6,500,000 - 4,805,033 = 1,691,967 difference. To raise that much at .009 they need to issue 187,996,333 shares. That is a massive amount. The shares already trade like there is over 1 billion shares, so imagine what will happen if they do issue this amount more. No reason to pay .009. It will drop to at least .006.

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This post poignant in hindsight.

Anyone who has commented on these threads underwater at these levels.

Yet the selling continues...

RKT Price at posting: 0.7¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 0.8¢		Change 0.000(0.00%)		Mkt cap ! $5.249M

Open	High	Low	Value	Volume
0.8¢	0.8¢	0.8¢	$562	70.25K

Buyers (Bids)

No.	Vol.	Price($)
8	10808828	0.7¢

Sellers (Offers)

Price($)	Vol.	No.
0.8¢	4975444	12

View Market Depth

No.	Vol.	Price($)
8	10808828	0.007
13	9611915	0.006
5	2200000	0.005
2	1300000	0.004
6	6000000	0.003

Price($)	Vol.	No.
0.008	4975444	12
0.009	2821319	5
0.010	2709391	4
0.011	1276766	4
0.012	2503186	4

Last trade - 16.10pm 19/06/2024 (20 minute delay)

RKT (ASX) Chart

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