Well I thought they were flush with cash ... Happy I did not invest on the news of the well success opened at 14.5 and hardy been above that since... I concur a Cap raise at around 10c would be likely as a discount to the 10 day Vwap ... probably to insto's ... One thing is almost certain that the Cap raise price will become the new floor price and expect trading to take you back to that price before you go forwards... Assuming of course that it is just simply a cap raise and nothing else is announced.
Ann: Trading Halt, page-51
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Last
48.5¢ |
Change
-0.010(2.02%) |
Mkt cap ! $44.81M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 49.5¢ | 48.5¢ | $34.87K | 70.84K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 27749 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 10897 | 2 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |