I calculate a bit differently. Just had a placement for $500K. I calculate extra shares issued will take total shares on issue to approx. 465mill.
$500K from the placement minus $30K placement costs. $500k in bank as of end of September minus $160K outflows to end of Dec. All up then approx. $810K in the bank account.
465mil shares times 1.3c = $6mill marketcap. $10mill marketcap is 2.1c share price.
Bit on the risky side for me this one but one to watch the action once pump n dumper Pattos clients have sold their shares.
The next RMX and GPP, page-9
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.298M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $28.49K | 9.497M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 18645200 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 18546942 | 11 |
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| Last trade - 12.37pm 25/11/2024 (20 minute delay) ? |
| TMX (ASX) Chart |
