I'll kick the can with you.
I believe stated reasons are for commissioning of 30 tpd plant and to hire / purchase a nearby phosphate treatment plant if / when the phosphate assests ever get into production. Yes I believe the Andean shareholders shares are in escrow while these 100000000 (thats a lot of zeros) are indeed "ready to go".
And for the newly issued shares to make a profit they would have to be worth more than today, which is management's stated goal is it not? Share price appreciation?
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Last
2.5¢ |
Change
0.001(4.17%) |
Mkt cap ! $27.07M |
Open | High | Low | Value | Volume |
2.6¢ | 2.6¢ | 2.5¢ | $5.5K | 219.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 608177 | 2.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.6¢ | 343400 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 608177 | 0.024 |
2 | 1350000 | 0.023 |
4 | 1550000 | 0.022 |
2 | 376190 | 0.021 |
3 | 375000 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 343400 | 3 |
0.027 | 50000 | 1 |
0.030 | 16796 | 1 |
0.032 | 100000 | 1 |
0.035 | 100000 | 1 |
Last trade - 15.13pm 01/08/2024 (20 minute delay) ? |
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AGR (ASX) Chart |