It has been a continual dilution for the long-term investor.
Those on this inside/brokers/etc with share offerings and the like simply work the system.
I suppose the key is to use charting technicals to enter/exit and disregard company claims/statements/intentions.
The share price is illiquid so good luck to those entering on the placement - they can sell back and forth to themselves or get trapped for some years whilst the company gets its numbers organized.
No doubt more cash required in the years ahead,
It has been a continual dilution for the long-term...
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Last
50.0¢ |
Change
0.020(4.17%) |
Mkt cap ! $22.76M | |||
| Open | High | Low | Value | Volume |
| 45.5¢ | 50.0¢ | 45.5¢ | $12.35K | 25.42K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6034 | 40.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 54.0¢ | 9000 | 1 |
View Market Depth
| Last trade - 13.32pm 23/08/2024 (20 minute delay) ? |
| IME (ASX) Chart |