SVL 3.09% 9.4¢ silver mines limited

News: SVL Silver Mines Announces Placement To Raise A$18 Million, page-13

  1. 358 Posts.
    lightbulb Created with Sketch. 76
    I think they have done well to raise $18m in a climate that is tight on money atm. It is likely they had to heavily discount the opportunity so they could get the physical cash. I believe and feel management had to make the tough call to keep things going. I am impressed they actually got the money tbh plus some on top to boot. Don’t forget they don’t have cash flow. They need to get through a tough 2023 with high costs all around them.

    they couldn’t wait they don’t have the cash so it’s now or never. I had my buy price trigger at 16c today and I loaded up. I wasn’t in this till today.

 
watchlist Created with Sketch. Add SVL (ASX) to my watchlist
(20min delay)
Last
9.4¢
Change
-0.003(3.09%)
Mkt cap ! $141.7M
Open High Low Value Volume
9.7¢ 9.8¢ 9.3¢ $322.5K 3.354M

Buyers (Bids)

No. Vol. Price($)
2 86188 9.4¢
 

Sellers (Offers)

Price($) Vol. No.
9.5¢ 478622 3
View Market Depth
Last trade - 16.10pm 30/08/2024 (20 minute delay) ?
SVL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.