Placement at .008 on June 30 , the last day of tax selling will clear all debt, and give the company the money to achieve the pre feas on guado and progress ILLO
They only provided 2 days of trading before it goes ex entitlement and 1 day after clearing the repayment drag on guado
A few weeks after clearing the 2.5m debt from Junefield
Looks to me like they have someone lined up ready to go to fund the Guado project to me and underwrite a shortfall , if they did it any other way they would of copped major criticism from existing shareholders.
Strong buy in my opinion I bought 1 m at .009 and will take up my full entitlement , and would not be at all surprised to see the Illo results come out during the period of entitlement and see the price rise . making the .008 super cheap .
Just my opinion
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Last
14.8¢ |
Change
-0.003(1.67%) |
Mkt cap ! $412.9M |
Open | High | Low | Value | Volume |
15.0¢ | 15.3¢ | 14.5¢ | $530.0K | 3.556M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
49 | 1713053 | 14.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.0¢ | 685369 | 27 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
49 | 1713053 | 0.145 |
43 | 2790602 | 0.140 |
22 | 1320673 | 0.135 |
15 | 904654 | 0.130 |
11 | 386887 | 0.125 |
Price($) | Vol. | No. |
---|---|---|
0.150 | 685369 | 27 |
0.155 | 894157 | 18 |
0.160 | 1652767 | 18 |
0.165 | 1608331 | 20 |
0.170 | 1357163 | 25 |
Last trade - 14.27pm 29/07/2024 (20 minute delay) ? |
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LRS (ASX) Chart |