People are drunk on gold related assets, best time to get money and screw shareholders.
Most mining companies unfortunately are best at printing new stock certificates than they are at mining. It's almost a waste of money investing in these companies. Bad news the stock goes down, if they have any good news, they'll use that as leverage to do capital raising. The market does not like capital raises these days, look at all the stocks that have sunk after capital raisings QAN and many more. My advise if you own this stock, get out of it ASAP, it's only going to keep going down now.
why another placement, page-3
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Last
$1.43 |
Change
0.035(2.52%) |
Mkt cap ! $173.9M | |||
| Open | High | Low | Value | Volume |
| $1.40 | $1.43 | $1.39 | $5.073K | 3.633K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1524 | $1.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.50 | 13445 | 1 |
View Market Depth
| Last trade - 15.59pm 09/08/2024 (20 minute delay) ? |
| LGL (ASX) Chart |