They keep selling chunks at premium to add on assets- not to keep the lights on - yet it wallows way below placement prices
if placement of 20 percent is 943 million
100 percent equals significantly
More
perhaps many wanted a low price to scuttle the deal or didn’t believe it would go through
plenty of serious cash now on hand for assst purchase - refinance - and one Ty more power coming online in the area to allow for increase in production as the machines whilst profitable are running at low capacity with low power delivery from power stations which are now upgraded
one placement Just approved after six months of government at 1.02- and now a placement at 110— way above the current share price and market cap reflected in the deals
Time will tell i guess
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Last
84.0¢ |
Change
-0.005(0.59%) |
Mkt cap ! $3.600B |
Open | High | Low | Value | Volume |
87.0¢ | 87.5¢ | 83.5¢ | $5.176M | 6.091M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 18363 | 84.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
84.5¢ | 45354 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 173935 | 0.835 |
9 | 151644 | 0.830 |
5 | 87953 | 0.825 |
8 | 107642 | 0.820 |
5 | 62528 | 0.815 |
Price($) | Vol. | No. |
---|---|---|
0.850 | 52074 | 3 |
0.855 | 80463 | 4 |
0.860 | 84705 | 4 |
0.865 | 74151 | 3 |
0.870 | 105271 | 6 |
Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
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NIC (ASX) Chart |