Problem is now that to raise the cash and do a cap raise it will have to be dine at a massive discount to the current share price whuch is trading at a decade low thereby putting further tremendous pressure on the share price.
With selling volume increasing again and at and the share price at record lows......all i will say is that where there is smoke....
Its a vicious circle which will no doubt have a very bad ending
Problem is now that to raise the cash and do a cap raise it will...
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Last
0.5¢ |
Change
0.001(25.0%) |
Mkt cap ! $16.63M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $5.49K | 1.181M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 49 | 30298271 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 5169200 | 6 |
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| Last trade - 15.13pm 28/06/2024 (20 minute delay) ? |
| VRC (ASX) Chart |