Somewhat surprised by the share price reaction to the cap raising. Uranium price is steadily moving up so I thought this would have provided some support as well as having a solid cash balance.
But I would have liked more detail as to the purpose of the funds for the cap raising as well as an update from management. Hopefully more insight is provided at the upcoming meeting and then quarterly.
Ann: Marenica Raises $1.2 million, page-2
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Last
34.0¢ |
Change
0.045(15.3%) |
Mkt cap ! $104.8M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 34.0¢ | 32.0¢ | $441.6K | 1.339M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18866 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 33705 | 5 |
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| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| EL8 (ASX) Chart |