Only 60 odd million shares issued in the IPO, but 260 million shares on issue. Some possibly out from the IPO but probably most of the selldown related to pre IPO holders, not sure what price they were in at but likely much lower than 20c. Just 60million escrowed i think.
Compay would have perhaps $13m in the bank, so cash backing maybe 5c per share?
why all these sellers, page-3
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.685M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 1990360 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 1097940 | 5 |
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