I love the capital structure for ORD, unlike other juniors, ORD will not require a capital raising for a very long time. I believe they could do another 20,000m of RC without needing to go to market with a CR.
Most of the options are in the money and owned by directors of the company, when converted there will be $5.7m more in the bank.
Point is, if you're a soph/insto and want in - don't sit around waiting for a capital raise, it just ain't going to happen!
Ann: Major New 8,000m Drilling Program Commences at Barimaia, page-658
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Last
34.5¢ |
Change
-0.025(6.76%) |
Mkt cap ! $15.27M | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 37.0¢ | 34.5¢ | $117.3K | 331.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 27173 | 34.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.0¢ | 4300 | 1 |
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| Last trade - 15.49pm 25/07/2025 (20 minute delay) ? |
| ORD (ASX) Chart |