What i am saying is.
Oil person A is like, "hey we are all sorted but we need a bit more cash to put this MR thing to bed and speed up the Zeiss product ".
Oil person B is like, "cash is a bit low , but maybe we can borrow the Zeiss payment in advance, i will get on the blower ".
Oil person B comes back with "I spoke to a lender in Perth and he is like no problem , give me some shares and some options and deal done.
Oil person A is like, "awesome now we can get this thing moving , but hey shouldnt we reward those long suffering share holders with some cheap stock ".
Oil person B says "I agree but we don't really need any more money, but lets reward those shareholders ".
Oil person B then speaks to Perth lender about 1 for 15 share issue, Perth lender says " If those Dumb Ass Shareholders don't want any of those shares at 5 cents then i will take the lot ". ( and underwrite ).
This delays the process for a few days hence the suspension from trading.
Just A Thought.
UP UP And Away.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
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View Market Depth
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1 | 1031 | 0.200 |
3 | 80000 | 0.190 |
2 | 100854 | 0.185 |
6 | 171603 | 0.180 |
2 | 20000 | 0.175 |
Price($) | Vol. | No. |
---|---|---|
0.210 | 3884 | 1 |
0.225 | 50000 | 1 |
0.230 | 53182 | 2 |
0.235 | 76001 | 4 |
0.240 | 105263 | 3 |
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