Hey FTR, just regarding your concerns in your post re granting of the licence and the companies history and bank balance. I may be a little naive from a business tycoon perspective however if it was me in the Kain's seat I would not have wasted my time applying for a licence and noting it in company market releases if in fact it was going to fail. If the bank balance was a problem then a cap raise would have started a while back you would expect at a SP which would offer a lot more bang for the buck. trying to raise now would create serious dilution and holders would run for the hills.
I hope I am right in my gut feel that the licence will be a goer. It doesn't make sense not to be granted based on the available information we have been provided via the asx.
Very quiet today, hopefully the calm before the storm for the SP.......
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Hey FTR, just regarding your concerns in your post re granting...
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1.3¢ |
Change
-0.001(7.14%) |
Mkt cap ! $27.57M |
Open | High | Low | Value | Volume |
1.3¢ | 1.3¢ | 1.2¢ | $108.5K | 8.458M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 13577678 | 1.2¢ |
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Price($) | Vol. | No. |
---|---|---|
1.3¢ | 416666 | 1 |
View Market Depth
No. | Vol. | Price($) |
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14 | 13577678 | 0.012 |
13 | 17300210 | 0.011 |
7 | 8202012 | 0.010 |
8 | 5597422 | 0.009 |
12 | 4711871 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 416666 | 1 |
0.014 | 11547937 | 15 |
0.015 | 5015065 | 6 |
0.016 | 9445356 | 10 |
0.017 | 3163079 | 5 |
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