'Obviously they have secured new investment based upon a SP of 1c.' (Last post)
I should have said 'are seeking to secure' not 'have secured.'
Surely there's a good chance that the new SP will indeed fall from 1c if they re-list, so who exactly is going to pay 1c? For the brave-hearted there may indeed be a chance to recoup old losses by buying enough shares very low after re-list and selling on a bounce soon after. But wow, what a risky venture! Not sure my heart's up to that risk.
best consolidation ratio on ASX, page-10
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Last
42.5¢ |
Change
-0.015(3.41%) |
Mkt cap ! $81.34M | |||
| Open | High | Low | Value | Volume |
| 45.0¢ | 45.0¢ | 42.5¢ | $570 | 1.341K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11253 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.0¢ | 45017 | 3 |
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| Last trade - 11.53am 01/10/2024 (20 minute delay) ? |
| TTM (ASX) Chart |