Anyone moaning about the dilution that has taken place obviously didn't do their homework, is terribly badly informed - or is just an intentional deramper/troublemaker. There was always going to be an element of dilution, this has been obvious since the PFS was released. If anything, the levels of dilution are far lower than they could have been - and in the context of Blue Spec, have actually added significantly more Enterprise Value than the equity dilution.
We're now fully funded to production. If there are any further raises, they will be for acquisition. I would anticipate they'd be more than offset by added value from tenement acquisition - as per the Blue Spec transaction.
Anyone moaning about the dilution that has taken place obviously...
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Last
13.0¢ |
Change
0.010(8.33%) |
Mkt cap ! $98.97M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.0¢ | 12.5¢ | $147.4K | 1.178M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 10 | 570149 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 13.0¢ | 1637351 | 16 |
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| Last trade - 12.58pm 16/05/2024 (20 minute delay) ? |
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12.5¢ |
Change
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| Open | High | Low | Volume | ||
| 12.3¢ | 13.0¢ | 12.3¢ | 604424 | ||
| Last updated 14.24pm 16/05/2024 ? | |||||
| CAI (ASX) Chart |