The lower the share price, the harder it is for PCL to raise money for the second drill so they will then need to relinquish 10% of the company to WDS instead.Much less dilution for current holders if a raise is done at a higher SP. I dont buy that as I just cant imagine how that sort of conversation would go down at a Woodside board meetings.
General Thoughts, page-3011
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Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $170.7M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.2¢ | 2.1¢ | $92.24K | 4.392M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 8398772 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 4075380 | 13 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| PCL (ASX) Chart |