BTR 2.22% 2.2¢ brightstar resources limited

things are heating up, page-9

  1. 752 Posts.
    there is an argument that having more shares issued to cornerstone investors at a premium allows the register to be a bit looser (assuming they on sell them at some point) to eventually track higher. It's not always just about dilution to existing shareholders without upside. As mentioned I don't think they need it now, but I have no issue with them issuing shares at a premium at the right time to be able to develop assets. Am I wrong saying that most large companies have more shares on issue that BTR? Legit question and not baiting, it's just my thought that there is a balance between having too few shares on issue to put off the big guys taking a big stake, because buying on market is very costly to having too many where it's hard to provide scarcity. I may be very wrong as I have no real experience in this field, but just an observation
 
watchlist Created with Sketch. Add BTR (ASX) to my watchlist
(20min delay)
Last
2.2¢
Change
-0.001(2.22%)
Mkt cap ! $156.9M
Open High Low Value Volume
2.2¢ 2.3¢ 2.2¢ $113.0K 5.106M

Buyers (Bids)

No. Vol. Price($)
56 15071116 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 5527322 7
View Market Depth
Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
BTR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.