consolidation-was it really worth it?
In my short answer NO.
Ok 93 million shares on issue, 49K in the bank, 100K loan 90k drawn down.
AAR cannot do anything with 49k in the bank.
""As at 31 December 2013, the Company had cash on hand of
$49,171.
The Company is currently considering its capital raising
options.""
With another CR looming todays price imo is well and truly overpriced.
To compare, PRW did a 1 for 10 consolidation the same as AAR .
At that time PRW shares were trading at .001.
Today 4 months after the consolidation, the shares are once again .001 seller.
That should answer the question: consolidation - was it really worth it ???
consolidation-was it really worth it?In my short answer NO.Ok 93...
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Last
7.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $73.88M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 102101 | 7.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.0¢ | 101893 | 2 |
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