Have to think that the share price will fall to match the rate of dilution. You can't expect the market cap to nearly double just because they issue more shares.
I can see it hitting 0.003/0.004 unless some significant progress is made .
Have to think that the share price will fall to match the rate...
Add OSL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.66M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $206.8K | 41.36M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 55 | 30731683 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 500000 | 1 |
View Market Depth
| Last trade - 15.54pm 24/05/2024 (20 minute delay) ? |
|
|||||
|
Last
0.5¢ |
Change
0.000 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 0.5¢ | 0.5¢ | 0.5¢ | 3268146 | ||
| Last updated 15.49pm 24/05/2024 ? | |||||
| OSL (ASX) Chart |