Already this year the number of shares on issue has increased from 240M to 400M (by about 70%) and the company will need yet another capital raising before the end of the year.
On average the number of shares on issue has doubled for each of the past 6 years and they are sold at increasingly lower prices. During that time revenue has reduced by a factor of 4. No wonder the share price gets slaughtered year after year. It seems pretty clear that YPB has long since become the domain of charlatans and mathematically challenged gamblers.
Ann: Application for quotation of securities - YPB, page-2
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Last
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Change
0.000(0.00%) |
Mkt cap ! $1.616M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $84 | 42.22K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 7674997 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 17682767 | 31 |
View Market Depth
| Last trade - 10.56am 03/05/2024 (20 minute delay) ? |
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Last
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Change
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| Open | High | Low | Volume | ||
| 0.2¢ | 0.2¢ | 0.2¢ | 57778 | ||
| Last updated 10.56am 03/05/2024 ? | |||||
| YPB (ASX) Chart |