Until an exploration/mining company is cashflow positive it likely needs to raise capital to survive and/or to fund capital intensive exploration as in this case. Raising capital to fund exciting exploration opportunities will be oversubscribed from retail or institution. Raising capital to keep the snouts in the trough well fed is a different matter and I wouldn’t have invested here if I thought management were like this. Time will tell though this is a necessary evil and part of the growing pains - the drill bit is the arbiter of truth and that’s why I’m here.
- Forums
- ASX - By Stock
- PUR
- Ann: Trading Halt
Ann: Trading Halt, page-14
-
- There are more pages in this discussion • 112 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PUR (ASX) to my watchlist
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.90M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
74 | 73056065 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 20042494 | 26 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
74 | 73056065 | 0.002 |
29 | 56189339 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 20042494 | 26 |
0.004 | 25341064 | 26 |
0.005 | 14171688 | 13 |
0.006 | 10742850 | 5 |
0.007 | 4294472 | 8 |
Last trade - 16.12pm 02/09/2024 (20 minute delay) ? |
Featured News
PUR (ASX) Chart |
Day chart unavailable