I sold last week, thank god.................should have sold a lot earlier. I burnt a lot of money here. The primary reason I sold is that I need the money for something else.
I like this company and I like the product, but
- It is obvious there soon needs to be a capital raise,
- Without SC decision in our favour the CR has to be less than current market,
- With SC decision in our favour (soon) and then capital raise the market price will obviously increase.
The only reason I can logically see for management holding off on a CR is they are banking on the SC decision being very soon.
Am I missing something ??
By the way if the price keeps going lower I will be tempted to buy back in again !!
Ta
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Last
43.0¢ |
Change
0.020(4.88%) |
Mkt cap ! $174.1M |
Open | High | Low | Value | Volume |
42.5¢ | 45.0¢ | 42.0¢ | $258.9K | 592.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 30730 | 42.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
44.5¢ | 27347 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 30730 | 0.425 |
1 | 75000 | 0.420 |
2 | 52399 | 0.410 |
5 | 109790 | 0.400 |
1 | 25316 | 0.395 |
Price($) | Vol. | No. |
---|---|---|
0.445 | 27347 | 2 |
0.450 | 41886 | 3 |
0.455 | 9900 | 1 |
0.460 | 64681 | 3 |
0.465 | 26905 | 2 |
Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
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