TAS 0.00% 0.5¢ tasman resources ltd

capital raising @ 22 cents, page-20

  1. 5,867 Posts.
    re: capital raising @ 22 cents/dpa Totally agree that it is a good thing for the company.
    Their cash position has not been flash for a while and the issue is not overly dilutionary.
    In part it explains the recent announcement-which was in a positive tone but a bit premature in terms of detail.
    Good luck to them-the journey they are on is not a cheap one and there is not too many more frustrating things to shareholders than an underfunded but prospective programme. The price gets slashed and thats when you get significant dilution.
    A similar argument applies to all the other juniors going to the stratoshere. Raise the easy money whilst it is there and get on with it.
    Cheers,TAS
 
watchlist Created with Sketch. Add TAS (ASX) to my watchlist
(20min delay)
Last
0.5¢
Change
0.000(0.00%)
Mkt cap ! $4.026M
Open High Low Value Volume
0.5¢ 0.5¢ 0.4¢ $10.83K 2.259M

Buyers (Bids)

No. Vol. Price($)
1 126439 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 1428643 1
View Market Depth
Last trade - 14.31pm 31/10/2024 (20 minute delay) ?
TAS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.