Its still great value and we knew CR was coming. We didnt know the exact timing/price/amount that would be raised.
I think the point he is trying to make, and what i meant by ROI is :
(rough numbers)
Pre CR:
sp = 19c NPV $1 ie 5 bagger.
Post CR
sp = ? lets say 17c, NPV 50c ie 3bagger
Obviously rough numbers. The sp may exceed NPV or trade at a discount, but you get the rough idea.
For a new investor considering buying KGL, the attractiveness is less now. Ofcourse we knew they needed serious dollars and this was always going to happen to a degree.
But was it brilliant? What about debt or convertible notes, or just issuing at a smaller discount.
13.5c is ridiculous. We were building up to something. sp was trending higher and forming a consolidated base, now we just stop that and possibly fall back.
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Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $59.56M |
Open | High | Low | Value | Volume |
10.5¢ | 10.5¢ | 10.5¢ | $5.25K | 50K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 834999 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 24284 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 834999 | 0.100 |
1 | 60000 | 0.098 |
1 | 89600 | 0.095 |
1 | 7789 | 0.091 |
2 | 111125 | 0.090 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 24284 | 1 |
0.110 | 105603 | 4 |
0.115 | 4500 | 1 |
0.120 | 242648 | 1 |
0.130 | 33 | 1 |
Last trade - 11.47am 19/07/2024 (20 minute delay) ? |
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