Cap raise for sophisticated (708 Holders) investors. Not a bad announcement. This usually happens before something big is about to happen. Expect some big results on the next drilling I believe.
I call these raises a "Mates Cap Raise". Probably 30 cents for $1,000,000. Shares will probably double making the 708 holder easy money.
Lets see what they announce.
Ann: Pause in Trading, page-6
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Last
17.0¢ |
Change
0.005(3.03%) |
Mkt cap ! $188.3M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 17.0¢ | 16.0¢ | $71.10K | 426.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 126685 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 387580 | 4 |
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| Last trade - 15.59pm 29/08/2024 (20 minute delay) ? |
| COI (ASX) Chart |