Everyone is underwater.ASM pay 23 cents, they have literally...

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DONACO88

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22/09/20

14:26

Post #: 47535107
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Originally posted by Sweetsound: ↑

You are already under water as the last CR was at 3.5c - since the CR, shares have been trading below issue price by around 10%. Next CR will be at lower level - plenty of time to top up if one wishes to - my guesstimate around 2-2.5c which will further dilute the heck out of it.

If there were to be a private takeover, shareholders will be offered a premium of what maybe 30% at VWAP - work out numbers - holders diddled out for a princely sum of around 3c/share. That's my take and I hope to be corrected. How can anyone trust any of these people. Oh yes, there are two Australian directors on board - what would they know about shareholders being shafted? They've only been around for a few weeks. Do they give a toss?? ASM may get a higher private offer and recoup some of their losses - even if they could, is there a guarantee that retail holders would be offered the same sort of deal?

No option but to hold. We wait and see - continued destruction of retail holders holdings??? Shambles - unless you're the vendor.

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Everyone is underwater.

ASM pay 23 cents, they have literally drown

However, you are assuming many many variables. Past Performance Is No Guarantee of Future Results. Things could turn either way.

My cheapest purchase has been 3.1 cents, I thank you for the opportunity

DNA Price at posting: 3.1¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.7¢		Change 0.000(0.00%)		Mkt cap ! $33.35M

Open	High	Low	Value	Volume
2.7¢	2.7¢	2.7¢	$3.368K	124.7K

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No.	Vol.	Price($)
6	404315	2.6¢

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Price($)	Vol.	No.
2.7¢	150000	1

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No.	Vol.	Price($)
6	404315	0.026
1	20000	0.025
2	336813	0.024
1	100000	0.021
1	357142	0.018

Price($)	Vol.	No.
0.027	150000	1
0.028	134554	3
0.029	206963	3
0.030	381409	4
0.032	500000	1

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