I don’t like it at all.
Further dilution of shareholding’s.It Probably helps CVN in case of takeover,but no good for shareholders.
Of course it’ll be oversubscribed so small investors will get practically zero benefit.
The genius geo who has perfect record of picking drill sites for Phoenix and Roc South should redeem himself and put a pin on map to explore APUS to put the boom back in boom.
GLTA.
Opportunity missed, page-18
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16.0¢ |
Change
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Mkt cap ! $286.2M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.0¢ | 15.5¢ | $326.4K | 2.069M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 1324611 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 906839 | 4 |
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| CVN (ASX) Chart |