The company are walking a financing tightrope, they obviously needed some funds as the kitty was looking bare, but they NEED to have the options converted and can't risk dropping the SP to levels that would prevent them from doing so.
TBH with the POS yo-yoing raising $1.5 million at 0.22 is pretty impressive SP may briefly trend down to touch these levels, especially if the POS drops again, but all in all should be steady as she goes, wouldn't put it past the company to have some excellent news to release before option expiry too, just to make sure.
The company are walking a financing tightrope, they obviously...
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Last
2.2¢ |
Change
0.001(4.76%) |
Mkt cap ! $32.53M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.3¢ | 2.2¢ | $112.6K | 5.114M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 3375864 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 2095000 | 3 |
View Market Depth
| Last trade - 13.23pm 27/06/2025 (20 minute delay) ? |
| ARD (ASX) Chart |