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)
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.818M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 979551 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 501019 | 2 |
View Market Depth
| Last trade - 10.45am 01/07/2025 (20 minute delay) ? |
| THR (ASX) Chart |
Day chart unavailable