I understand your points, however it was over subscribed at 4c... they didnt buy in to make no money...
Yes we need the sale of our zinc mine... but if this $$ accelerates our gold deposit by 6 or 12 months or more then the price will reflect that (as admin costs are halved for example to get the same result in half the time) eg... spend $1.3 mill in admin to get XXX result, or spend $650k in admin as results out 6 months earlier...
No-one likes dilution... Many of us are very much under water on this one... However 3.5 mill has been invested because some believe it has potential
I understand your points, however it was over subscribed at...
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Last
1.1¢ |
Change
-0.001(8.33%) |
Mkt cap ! $9.704M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.1¢ | $1.482K | 129.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1540756 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 622971 | 3 |
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| Last trade - 10.46am 29/04/2024 (20 minute delay) ? |
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Last
1.0¢ |
Change
-0.001 ( 9.09 %) |
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| Open | High | Low | Volume | ||
| 1.0¢ | 1.0¢ | 1.0¢ | 22963 | ||
| Last updated 12.51pm 29/04/2024 ? | |||||
| AS1 (ASX) Chart |