.................just feels like a typical pump ahead of a capital raise.
Well, that would be a big change!!!
The last 2 CRs at 3c then 1.2c were preceded by an orchestrated sell-down from a much higher price; in each instance. To make it worse, the sophs got a big discount from the prevailing SP too.
That aside, there should be nearly $2m in kitty come 31 March IF the Board did not spend much on exploration during the current quarter - as it indicated in the Dec Cash Report.
I don't see a potential CR with shares to issue as the reason for the SP rise.
.................just feels like a typical pump ahead of a...
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.01M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 0.9¢ | $2.065K | 210K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 2102868 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 821711 | 6 |
View Market Depth
| Last trade - 15.50pm 07/05/2024 (20 minute delay) ? |
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Last
1.0¢ |
Change
0.000 ( 11.1 %) |
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| Open | High | Low | Volume | ||
| 0.9¢ | 1.0¢ | 0.9¢ | 60000 | ||
| Last updated 11.34am 07/05/2024 ? | |||||
| SPQ (ASX) Chart |