So you’d rather lose over 50% of your capital and tip in more money whilst others are losing hand over fist.
I would suggest the better strategy would be to take your profit in the 30s (or 20s), pay your tax liability and buy back double the amount of shares perhaps even put a few coins back in your pocket, but I guess it’s your money
BTW it’s *rapt
I see a re-entry somewhere in the 8s but only if they can clarify some details, a good start would be answering phones and emails.
My biggest concern is the loss of control by Aussie shareholders once all these extra shares are allocated, not that they won’t be able to get it up and running. The real question is, how much will be left for the rest of us?
Keep in mind that once these extra shares are issued it should be a MC around 100mill, not the 68 shown on platforms
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Last
54.5¢ |
Change
-0.045(7.63%) |
Mkt cap ! $45.38M |
Open | High | Low | Value | Volume |
56.0¢ | 56.0¢ | 54.5¢ | $20.74K | 37.77K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1641 | 53.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
55.0¢ | 39565 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1641 | 0.530 |
2 | 26438 | 0.520 |
1 | 5000 | 0.510 |
1 | 1000 | 0.505 |
6 | 19000 | 0.500 |
Price($) | Vol. | No. |
---|---|---|
0.550 | 39565 | 1 |
0.560 | 8447 | 1 |
0.585 | 7000 | 1 |
0.590 | 20000 | 1 |
0.650 | 200000 | 1 |
Last trade - 14.47pm 31/10/2024 (20 minute delay) ? |
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