He's not an idiot. He is making valid points. If your company is below the value of a shell company on the asx. How much money can you raise? How much is needed to complete a drill program? Say $30m.
if you buy today you could possibly see your shares diluted into oblivion.
how is managements track record? Have they successfully done this before?
hell of a lot of risk
Ann: Broad Zones of Shallow, Visible Copper Intersected, page-93
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Last
4.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.937M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 481659 | 4.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.9¢ | 123941 | 2 |
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| Last trade - 11.00am 04/07/2024 (20 minute delay) ? |
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