Its sale time. What a bargain. 40 million more shares to issue. With luck we may hit 1 billion by the end of the year. What a fund raiser. Based on todays prices and at 80% of av. 5 day price, 40 million will get you around $1.2m. Just enough to cover director fees and executive officers for a year.
But who would be mad enough to want equity in this dog. Current shareholders would probably rather jump into a crocodile pit rather stuff more money down this black hole.
more shares to issue
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Last
5.8¢ |
Change
-0.002(3.33%) |
Mkt cap ! $99.21M | |||
| Open | High | Low | Value | Volume |
| 6.0¢ | 6.0¢ | 5.8¢ | $113.3K | 1.897M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 286861 | 5.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.0¢ | 100000 | 1 |
View Market Depth
| Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
6.0¢ |
Change
-0.002 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 6.0¢ | 6.0¢ | 5.9¢ | 489528 | ||
| Last updated 15.55pm 31/05/2024 ? | |||||
| ATC (ASX) Chart |