Exactly!!
Way overvalued given current cash reserves because their current land holdings are basically junk.
They will need to burn cash to buy something decent which means more dilution via a future capital raising. Or they acquire something with shares which also means dilution.
Ann: Change of Director's Interest Notice x 3-AON.AX, page-12
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Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.10M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.5¢ | 1.4¢ | $14.97K | 1.069M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 141789 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 1094938 | 3 |
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| Last trade - 11.20am 22/11/2024 (20 minute delay) ? |
| AON (ASX) Chart |
