Well lets say I have 5 million in A4n, price drops 20% and I have another deal right now where I can do a capital raising for 4 Mill at a 20% discount using that capital and I believe the upside will be quicker with a drill result for example due in 3 months that is then worth my time to just dump and use my capital elsewhere. I can always use my increase capital to come back in at a discount especially in this current climate.
Ann: Orica and Alpha Execute Definitive Agreements, page-53
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Last
85.0¢ |
Change
0.005(0.59%) |
Mkt cap ! $859.5M | |||
| Open | High | Low | Value | Volume |
| 85.0¢ | 86.0¢ | 84.0¢ | $522.6K | 614.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 12004 | 85.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 85.5¢ | 66533 | 1 |
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| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| A4N (ASX) Chart |