we don't know if they will be issuing another 400m shares or not... Nothing is concrete.
All they say, is the company will require additional capital... it could be cap raise, could be issue of bond, could be new loan, and could be selling Aristo..
depend on the situation, if border open. Might have others willing to underwrite at 10 cents, 7 cents, 5 cents.. who knows, i don't have a time machine.
April - May 2020 was the worst time to go on the market asking for money (cap raise was prepare in May 2020).. Now the situation has stabilised. Dow Jones back near all time high, China economy is doing well, vaccine due soon (Donald Trump getting desperate for vaccine), there is approved treatment for covid, Thailand is getting desperate to open border and welcome international tourist, same with Cambodia.. We can now see light a faint light at the end of the tunnel.... But share price still trading as if we're still back at the start of the Pandemic, with all these unknowns.
Singapore and Malaysia already opening borders. Thailand and Cambodia can't stay shut for too long. not long to go now.
- Forums
- ASX - By Stock
- Travel restriction
we don't know if they will be issuing another 400m shares or...
-
- There are more pages in this discussion • 285 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DNA (ASX) to my watchlist
|
|||||
Last
3.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $40.76M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 150000 | 3.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.7¢ | 217914 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 150000 | 0.034 |
4 | 290333 | 0.033 |
4 | 223134 | 0.032 |
2 | 57290 | 0.031 |
4 | 913353 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.037 | 217914 | 2 |
0.038 | 11843 | 1 |
0.039 | 477212 | 4 |
0.040 | 386936 | 1 |
0.041 | 78720 | 1 |
Last trade - 12.14pm 12/07/2024 (20 minute delay) ? |
Featured News
DNA (ASX) Chart |
Day chart unavailable