I agree. If the cap raise was to cover a blowout on the mine development (see JRV's gross mismanagement) then I'd be concerned, but Richard has always run a tight ship and it's unlikely that would happen. Raising $120m to convert to owner-operator with financial benefits accruing over the years that now cost a small dilution at your all time high share price is actually a smart move. Yes shareholders in short term take a hit but those with a long term view of WAF should on balance be satisfied with the strategy.
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Last
$1.43 |
Change
0.000(0.00%) |
Mkt cap ! $1.626B |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 4609 | $1.46 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.36 | 727 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 3445 | 1.400 |
6 | 43060 | 1.395 |
6 | 37777 | 1.390 |
4 | 19980 | 1.385 |
4 | 91404 | 1.380 |
Price($) | Vol. | No. |
---|---|---|
1.405 | 22824 | 7 |
1.410 | 28236 | 5 |
1.415 | 40725 | 5 |
1.420 | 56483 | 6 |
1.425 | 31323 | 4 |
Last trade - 09.53am 02/09/2024 (20 minute delay) ? |
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