I think you may be right Aca, re the cap raise, but probably sooner than you think.
Whilst its a fair call to relate this recent rise to IO, i think today may be the start of a broker supported rising of the share price to enable not one, but two cap raises this year. Clearly, in order to get a cap raise away you would expect a bump in the share price......
Check out the Bell Potter analysis on the BCI website and it actually predicts a $100mil 'Near Term' cap raise, before a larger one down the track.
Just sayin'.........
Nice day today, huh.......??? Anyone else 'in the green' as a result of today?
GLTAH
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Last
26.0¢ |
Change
-0.005(1.89%) |
Mkt cap ! $749.9M |
Open | High | Low | Value | Volume |
26.5¢ | 26.5¢ | 26.0¢ | $8.83K | 33.57K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 68195 | 26.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
26.5¢ | 116951 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 68195 | 0.260 |
2 | 184400 | 0.255 |
7 | 91857 | 0.250 |
3 | 110000 | 0.245 |
9 | 148754 | 0.240 |
Price($) | Vol. | No. |
---|---|---|
0.265 | 116951 | 7 |
0.270 | 33824 | 4 |
0.275 | 36536 | 2 |
0.280 | 341141 | 1 |
0.285 | 67170 | 1 |
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