That is correct Newby !
At the current SP of 9.7c that would allow them to drop approximately ~$28m under the ATM today.
But can you imagine what trying to dump ~300 million shares on market would do to the SP ?
Considering that the total daily volume of shares trading is 5-10m a day....... TIMBERRRRRRR
The ATM is dead on arrival
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Last
4.1¢ |
Change
0.001(2.50%) |
Mkt cap ! $66.52M |
Open | High | Low | Value | Volume |
4.1¢ | 4.2¢ | 4.0¢ | $96.80K | 2.358M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 614488 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.1¢ | 303150 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 514488 | 0.040 |
10 | 554336 | 0.039 |
6 | 837210 | 0.038 |
15 | 1615456 | 0.037 |
18 | 960895 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.041 | 250114 | 6 |
0.042 | 1612369 | 10 |
0.043 | 804666 | 10 |
0.044 | 1180508 | 13 |
0.045 | 956649 | 5 |
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