Yes I did ask you, and after all that waffle in a nutshell the answer is no, there is nothing that is in the works that will drive the share price up sustainably in the short to medium term.
Over the next 12 months, how many more capital raisings might we expect to see?
You would expect to see at least one wouldn't you?
The reason I have asked both of the above is that weighing the positives with the negatives to promote a balanced view, it would seem that any further capital raising is not going to have any benefit attached to it.
Any long term holder would agree that the best thing that ever happened to this company was Galaxy Resources getting involved, and no sooner was their member of the board appointed than they departed the scene.
What was it that scared them off which you and I are unable to see?
Yes I did ask you, and after all that waffle in a nutshell the...
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Mkt cap ! $22.91M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $24.00K | 8.001M |
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| No. | Vol. | Price($) |
|---|---|---|
| 147 | 202556970 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 0.3¢ | 12768458 | 20 |
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| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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| Last updated 13.57pm 08/05/2024 ? | |||||
| LPD (ASX) Chart |