Of course it will, a cap raise to keep the lights on means SP goes down, a cap raise that's value accumulative like immediate cash flow generation is positive. Look at all miners that do cap raises to get the mine up and running, they all GO UP!
Are you an amateur in this space? I know the answer i just want you to realise this.
Ann: Langer Heinrich Mine Restart Update and Reserves & Resources, page-28
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Last
$11.74 |
Change
0.290(2.53%) |
Mkt cap ! $3.511B | |||
| Open | High | Low | Value | Volume |
| $11.54 | $11.96 | $11.27 | $34.85M | 2.980M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 39237 | $11.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.75 | 307 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| PDN (ASX) Chart |