The Intelfuze RTO of PML didn't work out - no secret really, the share price has been shouting that to all and sundry for months.
No orphan either when we look back at the tech RTO frenzy from two years ago, even the ASX were compelled to tighten up their cowboy exchange - heaven forbid.
Just too many concepts feverishly backdoored to keep the cash raising cycle alive.
Shareholders will be diluted to oblivion here, there will be trades to be made though - always is.
The opportunity presents in the small number of tech plays that will survive - like newly hatched sea turtles making their dash to the ocean.
Just gotta find them.
Disappointing this basket case was allowed to flounder without the appropriate regulatory body asking some hard questions.
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Open | High | Low | Value | Volume |
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3 | 111488 | 0.155 |
3 | 151666 | 0.150 |
1 | 178000 | 0.145 |
2 | 43800 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 53474 | 2 |
0.170 | 166482 | 4 |
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