I totally agree, 80/20 is a great result for shareholders. I've been frustrated in the past by companies issuing huge numbers of shares to avoid debt, but in the process, they erode shareholders equity. With such a robust project as Lumwana, there's no need to avoid debt - and it's obvious that management at EQN are reluctant to issue big numbers of script, so they get a big thumbs up from me.
more capital, page-4
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Last
29.5¢ |
Change
0.010(3.51%) |
Mkt cap ! $36.43M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 29.5¢ | 25.0¢ | $109.0K | 392.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 23392 | 2 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| EQN (ASX) Chart |