If it is a cap raising (as we know it to be)..why would any competent investor see it as a negative development?
Sure there mybe a dissolution in shares etc...but c'mon people..... see thru ..just a little way into the future.
Way I look at it (in my eyes)...is that amongst all the uncertainty in the world financially..... if these guys can do an internal / or institutional cap raising in the current environment with relative ease...surely that sends a very clear number of messages?
One being.... that investors (outside DT's and other fly by nighters..) see long term returns / and solid reduced risk investment in VMT
Another being..... possibly the Cap raising is to invest on capital (machinery) to fast-track other potential deals that may be in the pipeline that will be materialising in the foreseeable future?
Who knows...but speculation is where we're all at really!
Im optomistic and positively focused... and feel that any news we receive in the next few days - can surely only be a positive development in the growth of this company.
Rock on
JC :)
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Last
11.0¢ |
Change
-0.005(4.35%) |
Mkt cap ! $46.00M |
Open | High | Low | Value | Volume |
11.5¢ | 12.0¢ | 11.0¢ | $10.23K | 89.92K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 225524 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.5¢ | 12505 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 225524 | 0.110 |
3 | 185000 | 0.105 |
2 | 110000 | 0.100 |
1 | 37500 | 0.080 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 308283 | 6 |
0.130 | 263505 | 4 |
0.135 | 82972 | 4 |
0.140 | 578739 | 2 |
0.145 | 55500 | 3 |
Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
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EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
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