Usually after a cap raise the price rallies because the kittys full of cash. The slightest bit of good news could see the share price over 1c again. obviously many peeps will sell at x5 their original purchase price. I'm 50/50 on whether to buy back in again from a gambling perspective. i think their will be a 90% chance the share price will double in the first 3 months after the cap raise is completed.
what I don't like is the newish CEO not owning any shares and the last CEO running for the hills after the dodgy buy purchases made prior to an announcement made back in 2019 and dumped a month later.
Usually after a cap raise the price rallies because the kittys...
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Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.295M | |||
| Open | High | Low | Value | Volume |
| 0.1¢ | 0.1¢ | 0.1¢ | $54 | 53.61K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 23619429 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 35609707 | 16 |
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| Last trade - 14.52pm 23/08/2024 (20 minute delay) ? |
| TD1 (ASX) Chart |