So total cash raised from the placement ($20.0M) and rights issue ($20.6M) is $40.6M.
Out of that $40.6M, the Chairman put in $13.5M by himself - so exactly a third of all cash raised was from the Chairman.
This is from the guy who bought $1.07M of ALK on-market straight after the initial Boda discovery a few months ago.
I'm guessing he's pretty confident in what Boda will turn out to be?
Why wouldn't he be:
Boda proven up will be massive for ALK.
But 3, 4, 5, or 6 Bodas will be 3, 4, 5 & 6 times as massive.
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After all, the only two other Australian Porphyry mines (both in the area) both occur in clusters/multiple (5-6) deposits (ie. multiple Bodas) at Cadia Valley and Northparkes.
Happy days.
Cheers,
GB.
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50.0¢ |
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Mkt cap ! $301.7M |
Open | High | Low | Value | Volume |
51.5¢ | 51.5¢ | 48.0¢ | $944.9K | 1.900M |
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No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
---|---|---|
50.5¢ | 7500 | 1 |
View Market Depth
No. | Vol. | Price($) |
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5 | 44401 | 0.500 |
3 | 2866 | 0.495 |
4 | 100600 | 0.490 |
1 | 100000 | 0.485 |
5 | 44114 | 0.480 |
Price($) | Vol. | No. |
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0.510 | 6900 | 2 |
0.520 | 11923 | 2 |
0.525 | 50000 | 1 |
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0.540 | 37514 | 3 |
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