I heard the company wanted to raise funds at 6 cents however Pattersons could only manage the placement at 3.5 cents. I used to hold a significant number of these (paid 8 cents) and sold out on the back of some drilling results at between 10 to 13 cents. Was looking to buy back in but want this placement out in the open before I buy. They look cheap at the current level however shares have a habit of falling below the placement price, especially in the current market.
3.5c placement , page-2
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Last
12.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $51.32M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.3¢ | 12.5¢ | $162.7K | 1.252M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 265704 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 292348 | 2 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| RXL (ASX) Chart |