Your not wrong amigo,
Thats dilution for ya. Down 73% from IPO. Mainly due to a couple years of not doing much while finding this project.
"The directors of Cosmo Metals Ltd are pleased to advise that post a successfully completed $5m IPO capital raise, the Company will list today, Monday 31 January 2022, with total shares on issue of 50.5m for a market capitalisation of $10.1m, cash at bank of $5.1m and an enterprise value (EV) of $5m."
anything 10c and below is very cheap.
10c is the new 20c lol.
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