They were offered $$$ via placements at levels where the stock traded for months which they did not take up because raising money via options at $0.22 when you know you have good ground and can drill it cheaply is good business. Also, the dilution to shareholders is a big factor for this company
The $0.10 raise went to Argonaut and one larger investor... like Linda Evangelista, Argonaut do not get out of bed for chicken feed. I approached my broker about asking for a placement and was told no, so spent weeks buying in the market.... weeks and weeks to get a parcel
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Last
11.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $21.57M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 102330 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 2160 | 1 |
View Market Depth
| Last trade - 16.21pm 23/07/2025 (20 minute delay) ? |
| VMC (ASX) Chart |
Day chart unavailable