Unfortunately there's no way to avoid further dilution. Earlier in the year we had 100% dilution and the money is almost all gone, they're probably going to have to double the shares on issue again at the current SP to get enough money to get through the next 12 months but with almost no revenue I can't see any other alternative. Unless they can pull a miracle partnership deal before the end of January but that will still reduce your effective share in the company.
Unfortunately there's no way to avoid further dilution. Earlier...
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Last
0.4¢ |
Change
-0.001(11.1%) |
Mkt cap ! $12.30M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.4¢ | $707 | 159.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 40 | 23526568 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 31711866 | 16 |
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| Last trade - 15.06pm 10/05/2024 (20 minute delay) ? |
| OSL (ASX) Chart |