I agree. As soon as I saw the release for the convertible note I expected that the price would drop. They can convert in a future capital raising, but only at a price of no lower than 1.7c - so that's where I expect the share price to go.
Could be wrong, only speculating
Doyle
I agree. As soon as I saw the release for the convertible note I...
Add AS1 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $8.822M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $460 | 46K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 6939934 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 1049000 | 3 |
View Market Depth
| Last trade - 11.21am 04/06/2024 (20 minute delay) ? |
|
|||||
|
Last
1.0¢ |
Change
-0.001 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 1.0¢ | 1.0¢ | 1.0¢ | 256667 | ||
| Last updated 14.51pm 04/06/2024 ? | |||||
| AS1 (ASX) Chart |