any views on the capital raising?, page-7

  1. 1,491 Posts.
    lightbulb Created with Sketch. 16
    Axiomax, that isn't a fair comparison because they are also assuming debt. We are not getting a debt free accretion of earnings.

    I assume that most of today's trading is simply arranged trading by investment bankers trying to artificially support the price during a share raising. Remember it takes very little money to manipulate the price of this stock up or down 25 cents in a heartbeat.

    I wouldn't trust the price until the second tranche of the capital raising closes.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
0.3¢
Change
0.001(50.0%)
Mkt cap ! $9.070M
Open High Low Value Volume
0.2¢ 0.4¢ 0.2¢ $34.67K 10.97M

Buyers (Bids)

No. Vol. Price($)
17 23739301 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 17018065 16
View Market Depth
Last trade - 16.10pm 28/07/2025 (20 minute delay) ?
AUK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.