Hi RookiePlayer, the CEO has said on a number of occasions they are looking at divesting a number of non core assets ie. magnetite and vanadium assets
That said, recent capital raising that have involved mark creasy being a major shareholder have all be done at a significant premium to the last market price, have a look at the most recent being ZAG.
Mark Creasy owns 53% of CZR, and is as smart as they come. He would be well aware of the benefits of doing a capital raise at a premium (refer to ZAG chart before and after the CR).
CZR "FOMO", page-34
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Last
22.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $53.26M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 23.0¢ | 22.5¢ | $42.58K | 189.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 42272 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 36874 | 1 |
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| Last trade - 15.29pm 08/11/2024 (20 minute delay) ? |
| CZR (ASX) Chart |