Goldensnapper, a $5 million placement would be pretty large considering BMO's low market cap, and they would need very good reason for it, eg. very encouraging gold hits; new aquisition or joint venture; etc.
This is not out of the question, as management expressed that they have aspirations to become a a mid-cap company within just a couple of years.
Such a scenario would obviously drive the share price up considerably before a placement, and so would require far fewer than 100 million new shares.
- Forums
- ASX - By Stock
- BMO
- be proactive not reactive
be proactive not reactive, page-11
-
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BMO (ASX) to my watchlist
|
|||||
Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.610M |
Open | High | Low | Value | Volume |
0.6¢ | 0.6¢ | 0.6¢ | $2.193K | 365.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 3699114 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 424590 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 3699114 | 0.006 |
10 | 3111100 | 0.005 |
6 | 3081739 | 0.004 |
3 | 1670000 | 0.003 |
2 | 700001 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 424590 | 4 |
0.008 | 2669809 | 6 |
0.009 | 1846111 | 3 |
0.010 | 3625000 | 2 |
0.011 | 500000 | 1 |
Last trade - 15.38pm 02/07/2024 (20 minute delay) ? |
Featured News
BMO (ASX) Chart |