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
4.7¢ |
Change
-0.001(1.06%) |
Mkt cap ! $76.50M |
Open | High | Low | Value | Volume |
4.7¢ | 4.7¢ | 4.5¢ | $91.78K | 1.980M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 1004819 | 4.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.7¢ | 1575930 | 21 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 1004819 | 0.046 |
45 | 2240806 | 0.045 |
11 | 1512909 | 0.044 |
16 | 1388030 | 0.043 |
7 | 1115079 | 0.042 |
Price($) | Vol. | No. |
---|---|---|
0.047 | 1575930 | 21 |
0.048 | 566682 | 10 |
0.049 | 802809 | 8 |
0.050 | 2524432 | 17 |
0.051 | 106200 | 2 |
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