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4.55%

10.5¢ boab metals limited

Ann: Funding Agreement with Acuity Capital, page-32

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falcon347

2,435 Posts.

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22/12/23

10:46

Post #: 71586059
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Originally posted by ratmill: ↑

Jesus, this clearly shows that the pumpers could get dragged through the coals and still thank management. No matter what happens here they will never admit they are wrong.

They couldn't organise a standard cap raise and have gone to one sole company that has no risk at all in participation due to being able to sell at any time for profit.

The company didn't have a better option and has had to resort to this.

$5m will pay for everyone's over the top wages and that's it.

The Writings is on the wall here..

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You aren't understanding the announcement properly.
If the company went through the standard route they would have had to pay a broker for organising it, they would have had to raise at a discount and then the sp would drop over the next few weeks to the cap raise price.

BML Price at posting: 18.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 10.5¢		Change -0.005(4.55%)		Mkt cap ! $24.50M

Open	High	Low	Value	Volume
10.5¢	11.0¢	10.5¢	$28.32K	268.5K

Buyers (Bids)

No.	Vol.	Price($)
15	954384	10.5¢

Sellers (Offers)

Price($)	Vol.	No.
11.0¢	127029	3

View Market Depth

No.	Vol.	Price($)
14	940329	0.105
26	977482	0.100
1	5112	0.098
3	120000	0.096
3	45560	0.095

Price($)	Vol.	No.
0.110	87354	1
0.115	84510	4
0.120	38476	1
0.125	70000	2
0.130	324000	3

Last trade - 16.10pm 14/06/2024 (20 minute delay)


Last 10.5¢			Change -0.005 ( 4.55 %)
Open	High		Low	Volume
11.0¢	11.0¢		10.5¢	410523
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