Hi all, I'm sure this reminder is redundant but entitlement applications are due this Friday, 25th Feb. I will be taking mine up. At 26c when the sell side is almost gone and the cheapest line is 41c I don't need to tell you this represents a bargain. At the current price of 38c it is a 46% discount! (Plus you can apply for additional shares if you wish, no guarantee to get them though.)
Risk factors:
- low volumes
- 26c shares will be in the market early March
- a possible market downturn is (always?) on the horizon
Price drivers:
- acquisition soon to be announced
- gold and silver price going ballistic (at the moment)
- copper price at all time highs
- by my calculations a maximum of only approx. 102,000,000 shares will be on issue after the cap raising and rights issue
This is not advice. DYOR, as they say.
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Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $45.73M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 181988 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 3000 | 1 |
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| Last trade - 16.21pm 12/09/2025 (20 minute delay) ? |
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