good posts,
it is true that once a succesful play is sniffed...the rigs start rolling in for a proper drilling program. Especially if someone nearby is snitching on your formation
I agree with Sushi concerning the recent dilution, it would have been ethical for at least some of the CR to be directed at existing shareholders...but we also have to realise that getting the insto investor dollars as a single couple of transactions is a lot better than than millions of smaller volume transactions. It tightens up the liquidity, and flags interest in the share to others who may be encouraged to invest serious cash.
If you buy 1 bread roll, you may pay 45 cents
If you buy 24 bread rolls, your per unit purchase price is likely to drop significantly...maybe to 25 cents...volume discounting is not a bad thing. Our share price may take a short term hit, but ultimately the share register is firmed up and less liquid which will encourage faster growth when the action starts
good posts,it is true that once a succesful play is...
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Last
$3.02 |
Change
0.020(0.67%) |
Mkt cap ! $958.1M | |||
| Open | High | Low | Value | Volume |
| $3.00 | $3.04 | $2.98 | $1.566M | 519.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 16080 | $3.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.03 | 1346 | 1 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| DXI (ASX) Chart |