Nice idea in theory. Trouble is, I've already done that to get my average price down to 40 cents, and I can't afford to borrow much more to bring it down to 30 cents (let alone 20!) There's also the risk of the stock falling further - I can't see how such a fall could reasonably be justified at this stage, but the risk has to be acknowledged and recognised.
As for the dilution, well, some dilution is inevitable; it's the nature of the beast in this game. I've already said my piece on this, several times, so I'll shut up now.
Nice idea in theory. Trouble is, I've already done that to get...
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Last
18.5¢ |
Change
0.005(2.78%) |
Mkt cap ! $49.28M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.5¢ | 18.0¢ | $16.42K | 90.98K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 101569 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 34939 | 1 |
View Market Depth
| Last trade - 15.45pm 12/07/2024 (20 minute delay) ? |
| PEK (ASX) Chart |