"$4M? Hardly seems worth it in the end. All this will do is drop the SP to somewhere near 36c."
I wouldn't be so sure.
You may well be right horse, but I certainly wouldn't take the risk of selling out at open with the view of trying able to buy it back cheaper.
Now that the 708's are set, the handbrake may now be well and truly released.
Capital Raising, page-56
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Last
0.6¢ |
Change
-0.001(7.69%) |
Mkt cap ! $16.85M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.6¢ | $4.99K | 830.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 16111643 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 7330155 | 9 |
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| Last trade - 15.11pm 16/07/2024 (20 minute delay) ? |
| HHR (ASX) Chart |