I think market confidence takes a pretty big hit if coy feels it needs to do a CR of over 20% of its capital @ 20% + discount to 20-day VWAP. A CR, when none or only a small one was expected. It certainly was not expected in the foreseeable future according to Canaccord analyst report in Sept. I will wait for ASIC to get the bottom of that one.
They'll need to instill more investor confidence in their transparency before this takes off again.
I think market confidence takes a pretty big hit if coy feels it...
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0.2¢ |
Change
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Mkt cap ! $5.824M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $4.303K | 2.151M |
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| No. | Vol. | Price($) |
|---|---|---|
| 27 | 40085905 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 91807222 | 63 |
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| Last trade - 10.57am 04/12/2024 (20 minute delay) ? |
| AXP (ASX) Chart |
