3.5c with an oppie 1:1, not great.
Exceeding the extended 15% placement capacity while raising below the low with the oppies on top, not great.
$1.5m raised with less than a third allocated to existing projects, not great.
More than a third going toward working capital/corporate costs (eg wages) & the fee for the raise to GBA, not great.
A third allocated to new project opportunities. Maybe they will pull another rabbit out of the hat to get the price back up, but even if they do, given the opportunity management have squandered the past 14 or so months plus the dilution in this time, who would bother backing them to not only find something, but to then stick around?
Ann: 1.5M placement to advance exploration in CODA and NT, page-6
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Last
0.7¢ |
Change
-0.002(22.2%) |
Mkt cap ! $9.894M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.7¢ | $157.2K | 19.77M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 33447080 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 4896053 | 11 |
View Market Depth
| Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
| ENV (ASX) Chart |