take it from me - you should be worried. That’s from a self confessed idiot who thought the same thing as you, holding through about 6 raises from 25c down to 3c and then eventually cutting loose at 1.5c. I listened to management and all their empty promises.
more than likely the large holders know a raise is coming, and could sell now and recycle the cash back in - especially when some of these have a convertible note in their favour at lower price than the cap raise. Win win for everyone but retail.
CCO in my opinion don’t have common sense when it comes to corporate advisory and running a ASX company.
if the share price continues at 0.005c and the raise as per the 4c happen before Feb 20th, care to speculate at what discount it will be? It’s coming - that ‘roadshow’ from yesterday is like day before night with CCo.
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Last
0.8¢ |
Change
-0.001(11.1%) |
Mkt cap ! $17.61M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.7¢ | $9.861K | 1.252M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
22 | 12775116 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 320434 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
22 | 12775116 | 0.007 |
6 | 2699833 | 0.006 |
1 | 700000 | 0.005 |
4 | 9436969 | 0.004 |
1 | 15000000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 320434 | 2 |
0.009 | 7302508 | 11 |
0.010 | 8182357 | 24 |
0.011 | 11854480 | 14 |
0.012 | 11544070 | 6 |
Last trade - 16.10pm 31/10/2024 (20 minute delay) ? |
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CCO (ASX) Chart |