I guess they were a couple of days out with timing - they could have based the issue on CAD220+. Disappointing in the short term and a bit of a surprise that they went ahead with it. I thought the last capital raising was it.
I expect the sp to trade around these levels for a while now unless copper keeps firing. It will be interesting when the Chinese come back to the market next week.
eqn announces cdn175 million financing, page-4
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Last
27.5¢ |
Change
-0.025(8.33%) |
Mkt cap ! $33.96M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 29.0¢ | 26.0¢ | $77.70K | 278.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 96040 | 1 |
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| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| EQN (ASX) Chart |