@TPI1 all the downside risk has already been factored into the current share price, the SP reflects the deal not being completed and possible activation of the remaining shares allowed under the 10% Share dilution rule.
However if the financing deal comes to fruition it'll been seen as a positive and SP should rise strongly. It's upto every investor to determine the likelihood of this being completed.
Unfortunately for the Long termer in here, the business has progressed tremendously with deal after deal, growth and revenue on an upward curve but share price is coiled like a spring. In reality you could see 12months SP growth immediately following binding agreement as company will have been strongly de-risked.
- Forums
- ASX - By Stock
- CL8
- NRMA/Thrifty Rentals trial move into car-sharing...
NRMA/Thrifty Rentals trial move into car-sharing..., page-40
-
- There are more pages in this discussion • 47 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CL8 (ASX) to my watchlist
|
|||||
Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.220M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 8837 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 101771 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8837 | 0.013 |
1 | 84000 | 0.012 |
2 | 922816 | 0.011 |
6 | 950000 | 0.010 |
1 | 120000 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 101771 | 1 |
0.018 | 848000 | 2 |
0.019 | 503399 | 1 |
0.020 | 1980000 | 4 |
0.028 | 400000 | 1 |
Last trade - 16.12pm 10/07/2024 (20 minute delay) ? |
Featured News
CL8 (ASX) Chart |
Day chart unavailable
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online