The cost of administering $20 injections from small investors would far outweigh the capital raised. And as terrier pointed out, there is no way the ASX or ASIC would allow extra capital injection into a company that cannot prove that it is a going concern. The only option left would be to borrow more money. No bank or venture capitalist would lend money to Oliver's now, and serious questions would be raised of Gelba or Gregg 'leant' money to Oliver's.
And why do you keep calling it 'covit' - how can we take you seriously when you don't even know the name of the virus causing the lockdown?
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Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 43413 | 1.3¢ |
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Price($) | Vol. | No. |
---|---|---|
1.4¢ | 223877 | 1 |
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No. | Vol. | Price($) |
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3 | 43413 | 0.013 |
3 | 220570 | 0.012 |
1 | 380186 | 0.011 |
2 | 150000 | 0.010 |
2 | 477766 | 0.009 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 223877 | 1 |
0.018 | 112858 | 2 |
0.020 | 10500 | 1 |
0.021 | 99988 | 1 |
0.022 | 10 | 1 |
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