What's proposed is to add about 80% to the number of shares on issue via an "insider only" dilution at way below any kind market value. No sane shareholder could vote for this and when it's voted down the SP will rebound. Not that long ago (and for much less drilling progress) SP was at 30c.
voting 'no' to all resolutions, page-31
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Last
27.0¢ |
Change
0.005(1.89%) |
Mkt cap ! $634.7M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 27.0¢ | 26.0¢ | $459.9K | 1.755M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25000 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 94516 | 1 |
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| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| PDI (ASX) Chart |