Wow.... they smashed my guessimate out of the water, $55m!!!!! Add in the $6m they have now and they are standing at $60m in cash.
They are going to be 100% funded once they sign off on debt facility.
Well done to management, they are not making the mistakes of others. Raise and raise big, no need for other raisings later.
Also, agree about protecting the share price. Although I think with all the news flow to come, that will happen all on its own.
Ann: $55 Million Capital Raising for Development of Dalgaranga, page-3
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Last
$1.13 |
Change
0.020(1.80%) |
Mkt cap ! $1.250B | |||
| Open | High | Low | Value | Volume |
| $1.09 | $1.15 | $1.08 | $4.066M | 3.627M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 122541 | $1.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.13 | 26993 | 4 |
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| SPR (ASX) Chart |