Dear Corgi,
The next cap raising will be next year. The fear of consolidations is nonsense. Too many SOI deters bigger players from buying and makes it hard for thge price to appreciate. This is a very good move from management. The company is now a serious operator. Tighter register, improved board and likely executive team, money to drill and also advance permitting. Very happy with the grown up approach.
Maybe they can raise $150M in 18 months at 50c and issue 300M shares! Still a tight register, if you want some shares pay up...
Ann: Proposed Consolidation of Capital, page-5
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Last
43.5¢ |
Change
0.050(13.0%) |
Mkt cap ! $154.9M | |||
| Open | High | Low | Value | Volume |
| 39.5¢ | 43.5¢ | 39.5¢ | $494.8K | 1.194M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3150 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 44421 | 1 |
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| Last trade - 15.56pm 30/08/2024 (20 minute delay) ? |
| AUC (ASX) Chart |