That would be after shareholders have been left to squirm for a bit, and no longer think a fair price is north of 50c. A dilutive cap raising at these prices will help that cause.
I do think a t/o is highly likely at some point.
Ann: AirXpanders Announces Management Changes, page-53
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Mkt cap ! $8.737M | |||
| Open | High | Low | Value | Volume |
| 0.1¢ | 0.2¢ | 0.1¢ | $30.08K | 20.08M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 71366325 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 102726242 | 59 |
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| AXP (ASX) Chart |