5 - 5.5c incoming
the skyrocketing cost of equity and financing has flipped this company and anything that looks like it on its head
in a stock pickers market only those with cash flow and stable balance sheets will perform well. Simply being debt free is not good enough. Guess what, most explorers are by virtue debt free as they can rarely if ever access debt markets.
locking in the raising at 10c was a master stroke
good luck people
Ann: $21.4M Raising to Accelerate World-Class Mangaroon Project, page-165
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Last
1.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $67.54M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.8¢ | 1.7¢ | $46.26K | 2.625M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 6440052 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 400524 | 2 |
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| DRE (ASX) Chart |