Definately a bargain which is why the SPP will be oversubscribed.
The full 25 million should be raised which will mean an additional 55 million shares onto the market.
So in total we have have roughly 241 million shares on issue with 39 million cash at bank
At 70 cents the market cap is an estimated 169 million. I think she's a good buy but im no expert.
more good press, page-2
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Mkt cap ! $5.830M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2105211 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 3778476 | 8 |
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