Capital outlay less than 1 / 10th of market cap FFS
If you can't get cheap debt for the whole thing then have a rights issue
Voluntary dilution
Who is not going to dip into their pockets for 50c per share?
No forced dilution!
Ann: SCOPING STUDY DEMONSTRATES FEASIBILITY OF METALS PLANT, page-17
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Last
63.0¢ |
Change
0.100(18.9%) |
Mkt cap ! $114.2M | |||
| Open | High | Low | Value | Volume |
| 53.0¢ | 63.0¢ | 53.0¢ | $470.0K | 813.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 819 | 61.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 63.0¢ | 20321 | 2 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| ASM (ASX) Chart |