Basically this is a cap raise for special mates of the company with a free option bonus. The reward for the pesants is zero so if your a long term holder bad luck. This type of behaviour is rampant on the ASX and may be a contributing factor in the significant SP declines of many asx listed junior explorers. So the only remaining question is will they use the cash wisely and make a worthwhile discovery?
Ann: $1.5 million Capital Raise for WA Lithium Projects, page-11
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Mkt cap ! $2.794M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 10 | 2977771 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 438013 | 6 |
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| Last trade - 10.09am 14/06/2024 (20 minute delay) ? |
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0.9¢ |
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| Open | High | Low | Volume | ||
| 0.9¢ | 0.9¢ | 0.9¢ | 1248717 | ||
| Last updated 10.05am 14/06/2024 ? | |||||
| GSM (ASX) Chart |
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