share offer...why bother?, page-6

  1. 858 Posts.
    lightbulb Created with Sketch. 14
    Good money after bad ..... never!

    Buy on market at a lower price if you must, it's crazy to buy at a premium in a cr.

    Management must realise with penny dreadfulls in today's market that a cr at a discount means the sp immediately drops below the discount, wiping off a big chunk of market capital. So the cr gets then some cash in the bank but ruins the sp for shareholders! It's dumb to do it, it's a last resort when they can't get money anywhere else, it should be actively discouraged, I won't take up my entitlement in these circumstances even if it means they have to get the Receiver in because they are broke.

 
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(20min delay)
Last
0.9¢
Change
0.000(0.00%)
Mkt cap ! $6.397M
Open High Low Value Volume
1.0¢ 1.0¢ 0.9¢ $10.73K 1.081M

Buyers (Bids)

No. Vol. Price($)
3 1972555 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 1691547 5
View Market Depth
Last trade - 12.22pm 16/07/2025 (20 minute delay) ?
THR (ASX) Chart
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