It also means making it easier for them to be issuing more shares without making it look ridiculous and laughable.
I have never seen a consolidation turning out good for the Long Term shareholders.
With just $47 mill in the Bank and a borrowing of approx. $100 thousand dollars, what will the next move be.??
IMHO, another placement of shares or selling out some of our assets.
Looking at the current MC one could buy the whole lot stock and barrel for a little more than $1mill dollars. Grrrr!!!
Back under my rock I go.
consolidation - was it really worth it ???, page-8
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Last
7.8¢ |
Change
-0.006(7.14%) |
Mkt cap ! $72.94M | |||
| Open | High | Low | Value | Volume |
| 8.0¢ | 8.0¢ | 7.8¢ | $19.65K | 248.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 7.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.2¢ | 100000 | 1 |
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| Last trade - 13.30pm 19/07/2024 (20 minute delay) ? |
| AAR (ASX) Chart |