There has been a fair bit of volume accompanying this weeks rise.
I initially wandered if it had been tipped somewhere?
But I note that Tibbs has bought in having digested the Liberty results.
Do people think that this sudden interest is investors looking at the Liberty project and foreseeing this as the 'next SFR'.
The annual report suggested that drilling should have commenced at Jatoba and St Elina by now. I was personally hoping that there may have been a leak of positive news from there.
The cashcall in Aug was primarily for the benefit of Liberty(an indication that mgmt think its a biggie?).
As they have the funds there for now, I would have thought it would be better to get JORC resource in place and raise more capital at higher SP.
The higher the SP, then the less the dilution for existing shareholders of course.
rkj
do they have money?, page-12
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Last
$2.20 |
Change
-0.030(1.35%) |
Mkt cap ! $567.7M | |||
| Open | High | Low | Value | Volume |
| $2.24 | $2.25 | $2.18 | $769.4K | 346.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 45788 | $2.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.20 | 10984 | 2 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| DVP (ASX) Chart |