The assumption that ALL new shares will be sold is also just a joke. Given the raising price and existing SOI from recent cap raisings, why would you say, oh yeah, I'll have 100 mill shares in this raising - only to intend on selling them into a typically illiquid market. Those notions are manifested by those that want it to fail. Some might flip the trade, but not all, or most, IMO. Not until they have drilled.
Time will tell!
The assumption that ALL new shares will be sold is also just a...
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.774M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $4.021K | 1.077M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 54 | 62873347 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 5949256 | 6 |
View Market Depth
| Last trade - 14.43pm 26/07/2024 (20 minute delay) ? |
| LNR (ASX) Chart |