If the company can sure up some more good results and/or some possible funding arrangements without much/any dilution within the next 2 months, their is a SMALL possibility that they can lift the SP enough to get the OPPIES into play. If they can do this (SP must be around 3.5-4cents or above) then they MAY be able to raise over $3million from the conversion of those oppies.
Lots of IF'S and BUT'S, stranger things have happened and continue to happen!!!
If none of the above was to eventuate, then with only $500000 in the bank, you can bank on a Cap Raising not too far away.
If the company can sure up some more good results and/or some...
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Last
0.7¢ |
Change
-0.001(6.67%) |
Mkt cap ! $13.90M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.8¢ | 0.7¢ | $46.54K | 6.631M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18011 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 6544641 | 9 |
View Market Depth
| Last trade - 15.48pm 05/07/2024 (20 minute delay) ? |
| SRN (ASX) Chart |