Recent Capital raise in JULY 2016 was for $12mil.
Current Market Cap at 2.9c * 464mil shares on issue = $13mil.
I only mention this to put this in perspective as to how low 2.9c is! All the instos, brokers etc were satisfied with a 7c CR; tthe only thing holding back SP is all the people thinking they dont have a product etc. Today's legal proceedings either tell us they have a product, or the value of the IP is worth trying to grab.
Note: Check that 3mil bid at 3c now, market is coming for it now!
- Forums
- ASX - By Stock
- IOT
- Market Cap = Recent Capital Raise!
Market Cap = Recent Capital Raise!
-
-
- There are more pages in this discussion • 108 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)