Agreed, it was done badly and I don't think the offer was good enough (below market price) but my main point is that we have billions of shares out there and people are scared they can just dilute further on a whim. Remember 7c is very much a penny stock, many can't buy if they wanted to.
Cheers, IE
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Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $38.68M |
Open | High | Low | Value | Volume |
14.0¢ | 14.0¢ | 13.5¢ | $655 | 4.768K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2332 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.0¢ | 63338 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 26255 | 0.130 |
1 | 24000 | 0.125 |
1 | 4121 | 0.120 |
2 | 18181 | 0.110 |
1 | 8571 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.150 | 63338 | 5 |
0.155 | 29573 | 4 |
0.160 | 78550 | 4 |
0.165 | 36616 | 2 |
0.175 | 16889 | 3 |
Last trade - 15.30pm 27/09/2024 (20 minute delay) ? |
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FML (ASX) Chart |