I doubt we will see $16 for several years and that would require everything to go right. Even BAL found out that things dont always go to plan.
I think administration is just you having a bad dream. Unlikely given the cash and open multiple markets underway. Sales are growing all the time. The company also has $15m in access cash to provide more working capital as it moves forward. I think that as things become obvious to the market, someone will bid for the company. If that happens (already had a knock on the door) then the buyer is likely to be out of China. Maybe their backer from HK gets it done. Who knows, but given people want to play now, the SAMR will only drive the chances higher. dyor
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Last
3.0¢ |
Change
-0.001(3.23%) |
Mkt cap ! $38.69M | |||
| Open | High | Low | Value | Volume |
| 3.0¢ | 3.1¢ | 3.0¢ | $19.79K | 649.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 210736 | 3.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.1¢ | 332497 | 1 |
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| Last trade - 13.55pm 15/07/2024 (20 minute delay) ? |
| WNX (ASX) Chart |