Am I seeing what I think I am seeing?
A placement-only at 3.2c raising $8m.
No retail CR dimension? At all? Small holders are being diluted, at a discount.
Hey, there's a million or two in drill money at 3.2c available from retail holders. A subscription offer to all holders at 3.2c capped at $30k would be inexpensive.
NWC has a lot of drilling ahead and could use the money - on exploration drilling, not at resource definition yet.
When the implications of this poor judgement filter through to valuation, NWC will trade lower.
Ash
- Forums
- ASX - By Stock
- NWC
- Ann: $8 Million Placement to further expand the Antler Project
Ann: $8 Million Placement to further expand the Antler Project, page-8
-
-
- There are more pages in this discussion • 188 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NWC (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.1¢ |
Change
0.001(5.00%) |
Mkt cap ! $59.64M |
Open | High | Low | Value | Volume |
2.0¢ | 2.1¢ | 2.0¢ | $17.29K | 856.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 1191337 | 1.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.1¢ | 908325 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 691337 | 0.019 |
13 | 3275777 | 0.018 |
6 | 2876497 | 0.017 |
11 | 1532500 | 0.016 |
8 | 2073698 | 0.015 |
Price($) | Vol. | No. |
---|---|---|
0.021 | 858325 | 2 |
0.022 | 1586403 | 5 |
0.023 | 410000 | 3 |
0.024 | 1021217 | 4 |
0.025 | 6315000 | 4 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
NWC (ASX) Chart |