In the end, a placement and SPP has been locked in. A price for those has been locked in. Either participate, hold or sell.
We can grumble all we want, but now we have a fully funded company that can finally do what it has wanted to do for years. Cap raisings don't just coming overnight. Let;s not forget that approvals were 'imminent' for a period of time that was closer to an eternity. I'd rather a diluted fully functioning company than an insolvent one. A court ruling against a European bailout would have seen the whole market get smashed. That ruling was the night of the trading halt.
I don't think anyone would be overjoyed about the price/dilution. However, if the company can value add to a level that outweighs that dilution we are all winners. We have been given a stunning opportunity to get this at bargain basement prices. A new chapter is opening and in my opinion there was 17 pages worth of economic road map presented to anyone who card to fully take it in today.
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Last
0.5¢ |
Change
0.001(25.0%) |
Mkt cap ! $7.237M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $500 | 100K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
20 | 13664897 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 3626406 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
20 | 13664897 | 0.004 |
8 | 15262019 | 0.003 |
4 | 16775000 | 0.002 |
4 | 47300000 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 3626406 | 5 |
0.006 | 4039880 | 6 |
0.007 | 2663797 | 4 |
0.009 | 615051 | 2 |
0.010 | 1000000 | 1 |
Last trade - 10.04am 25/07/2024 (20 minute delay) ? |
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