Is that unreasonable though, Bas? Knowing how the market reacts to dusters, assuming they don't hit anything significant in the first drilling - a CR after it potentially drops significantly would naturally dilute much more heavily.
They've just outlined a relatively concise gameplan for future targets, why not get the funding out of the way now and ensure that the road to profits beyond just this initial hype is paved?
I don't think this necessarily means that they're not confident, I would postulate that they're being realistic.
Riding 100% on the back of the first target would be foolish management, no?
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Last
2.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.79M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 53978 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 420472 | 2 |
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| Last trade - 10.00am 08/08/2025 (20 minute delay) ? |
| MAN (ASX) Chart |
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