Buying opportunity coming up? If the objective is to minimise dilution, as stated by AAU, then there should be no capital raising at least until the end of the year. Possibly none until after LD starts operating if the payout from the arbitration is near the full amount as LD is mainly to be funded by loans.
All bets are off, though, if the payout is poor. My (and others?) faith in AAU would take a dive also.
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-11
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.986M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $680 | 170K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 46 | 47411467 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 14488504 | 16 |
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| Last trade - 09.59am 03/07/2024 (20 minute delay) ? |
| AAU (ASX) Chart |