$2.00 cap raise price is actually $1.80 undiluted.
1.90 in the old currency is $1.70 and
$1.70 in the old currency is $1.53
You can't screw holders by diluting 10% when 5% was barely justified.... then expect to be at the same level you were before the rise.
Plus all the companies magically discovering Niobium at the same time are all falling hard.
We need Assays AND photos and drill cores (where are they ?). The investor presentation was quite weak without photos. Strange ?
WA1 Share Price, page-1031
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Last
$17.27 |
Change
-2.080(10.8%) |
Mkt cap ! $1.059B | |||
| Open | High | Low | Value | Volume |
| $19.60 | $19.80 | $17.00 | $8.650M | 477.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2910 | $17.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.30 | 820 | 2 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| WA1 (ASX) Chart |