No I've sold all my stock except token $1k parcel
Why?
If and when they do the Capital Raise (imminent imo as they are out of cash, just look at the most recent quarterly report cash), it would be a discount to the current share price (my guess is $0.40)
But here's the thing, last time, any shareholder was able to subscribe to as many shares as they want.
So I sold my shares at $0.70, and have a small few that will allow me to buy as many as I want should this CR happen.
I will use 57% of what I sold to buy back my holding and keep the 43% for the next CR which could be even lower if no permit
No I've sold all my stock except token $1k parcel Why? If and...
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Last
43.0¢ |
Change
0.020(4.88%) |
Mkt cap ! $163.4M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 43.0¢ | 39.5¢ | $681.5K | 1.664M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 52873 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.0¢ | 47134 | 4 |
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| Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
| TLG (ASX) Chart |