Shareholders need to be aware that any decisions made by the current directors could cost them dearly.
If directors look at projects in any sector other than what we are currently in, shareholders will be looking at a dilution of approx.200%.
There would be a mandatory chapters 1 and 2 from asx/asic,share consolidation(smaller shareholders would need to top up their current holdings). Expert, auditor and accountant reports. Legal fees,asx fees, computershare fees and a need for working capital in the bank. All these items require much time and expenditure.
If they were to decide on a mining project massive capital raisings will be required to fund the operation, which again will dilute shareholders.
IMO DYOR
- Forums
- ASX - By Stock
- projects
SPX
spenda limited
Add to My Watchlist
0.00%
!
0.6¢

Shareholders need to be aware that any decisions made by the...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.69M |
Open | High | Low | Value | Volume |
0.6¢ | 0.6¢ | 0.6¢ | $2.523K | 448.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
68 | 27018214 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 1215752 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
68 | 27018214 | 0.005 |
13 | 17990199 | 0.004 |
7 | 8020009 | 0.003 |
4 | 5000002 | 0.002 |
5 | 8990003 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 1215752 | 5 |
0.007 | 13101080 | 13 |
0.008 | 5988956 | 20 |
0.009 | 12604551 | 18 |
0.010 | 1088012 | 6 |
Last trade - 16.10pm 10/07/2025 (20 minute delay) ? |
Featured News
SPX (ASX) Chart |