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18.2% 0.9¢ asara resources limited

Ann: Drilling targets multiple high-grade gold zones at Kada, page-34

  1. jogo
    3,737 Posts.
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    23/01/23
    11:47
    Post #: 65829124
    Perhaps people are forgetting that there is a 50% increase in the number of shares on 2 /2/23 (assuming all rights are taken up) plus the 81M odd shares issued @ 3c in December. That is a massive dilution and hard to see that will not result in a drop in the SP going forward.

    GMR Price at posting: 3.2¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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