Thought I’d made that likely outcome clear already mate. Cap raise before the next quarterly report, approx 20% discount, approx 20% dilution.
To your question “is it good value”? Not to me (yet), but obviously that’s subjective. Notably you’ve mentioned that if it goes back to below 10c you’ll just buy more. It begs the question; if you see value at the current price, and you have the funds available, why would you wait until 10 cents or lower?
Is it because you don’t actually see value at this price? Or is it because you actually agree with my expectation of an imminent cap raise, so you’re holding off yourself for a lower top up?
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Last
4.1¢ |
Change
-0.003(6.82%) |
Mkt cap ! $59.69M |
Open | High | Low | Value | Volume |
4.5¢ | 4.5¢ | 3.9¢ | $493.4K | 11.97M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 243346 | 3.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.1¢ | 107074 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 243346 | 0.039 |
10 | 689216 | 0.038 |
5 | 240378 | 0.037 |
6 | 1139971 | 0.036 |
18 | 812840 | 0.035 |
Price($) | Vol. | No. |
---|---|---|
0.041 | 107074 | 1 |
0.042 | 775543 | 4 |
0.043 | 1594170 | 5 |
0.044 | 1161341 | 5 |
0.045 | 403916 | 5 |
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