My thoughts could be that because cash is getting low and it was generally expected we would raise within the next 6 months potentially management have decided to raise now rather than after PEA in the hopes that when we have our run of news flow over the next 6-8 months (Uprade, PEA, DFS, offtakes), we have a lot more room to run, as investors getting in won’t have to worry about a raise for some time. Could be a bunch of cope but who knows.
Ann: Trading Halt, page-117
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Last
18.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $518.2M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.8¢ | 18.0¢ | $1.230M | 6.659M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 3208042 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 4120 | 2 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| LRS (ASX) Chart |