Yup raising another $30 - 40m pre-spud really should be no big deal. Far has a market cap around $300m - its only 1 in 10, surely shareholders could manage this? The difference in the post 2 well price resulting from such a small issue at 11c versus an issue at 7c is only 0.7c according to my calculations.
pj
Capital Raising, page-14
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Last
50.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.66M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3376 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 3987 | 2 |
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