raising $1b+ will obviously have an effect, I tend to look at a market cap rather than the share price to gauge progress. The scale of future dilution will impact the individual share price. The following will need to happen before ruling out a lower share price:
- project finance method is disclosed and achieved
- project is successfully constructed, mined and processed. On time and on budget.
- invoices are paid in favourable terms
Buying at a higher share price can actually be of better value if a project is de-risks or the company develops the moat.
raising $1b+ will obviously have an effect, I tend to look at a...
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Last
19.5¢ |
Change
0.005(2.63%) |
Mkt cap ! $450.5M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 20.0¢ | 19.0¢ | $795.5K | 4.113M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 38 | 2717896 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 591590 | 8 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
19.0¢ |
Change
0.005 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 19.3¢ | 20.0¢ | 19.0¢ | 2982928 | ||
| Last updated 15.58pm 03/05/2024 ? | |||||
| ARU (ASX) Chart |