Is this an educated or uneducated guess..What are we getting to? Are we going to start betting on the terms of the capital raising? I could say SPP at 100 million bucks to dig 10 wells, production by December but I won't say that because it would be stupid and a waste of everyone's time.
IMO if I was in charge of a public company with a falling share price and I had to raise capital I would call a trading halt and take a couple of days to get it right...let the emotion on HC settle
Ann: Trading Halt-88E.AX, page-79
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Last
0.2¢ |
Change
-0.001(33.3%) |
Mkt cap ! $57.86M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $94.39K | 46.29M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 151 | 157963448 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 585749288 | 237 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| 88E (ASX) Chart |