Hi everyone,
I've just done the numbers on this cap raise.
The maths suggests that a cap raise for $10 million at 3.2 cents versus the current market float shows that the price should adjust to about 3.8 cents on the open. Anything less than that is a buy opportunity! The market will probably over-react and that's the arb.
IMO only and do your own homework.
Hi everyone,I've just done the numbers on this cap raise.The...
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Last
3.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $109.2M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 55000 | 4.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.0¢ | 75986 | 1 |
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