We needed the money, MD has been funding drilling with personal debt (not a bad recommendation).
I'm sure he tried to screw out a raise at a premium like AQX did Monday, but those are very few and far between.
Market depth says we open one pip down and there are 3mill surplus bids at that price. 1.3 mill will change hands at the open and with very strong support below that if the bids are genuine.
All good to go IMO.
Ann: Surefire Capital Raising, page-6
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Last
0.7¢ |
Change
-0.001(7.14%) |
Mkt cap ! $12.91M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.7¢ | 0.6¢ | $4.5K | 700K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 4950462 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 12325399 | 20 |
View Market Depth
| Last trade - 10.57am 30/08/2024 (20 minute delay) ? |
| SRN (ASX) Chart |