So total cash raised from the placement ($20.0M) and rights issue ($20.6M) is $40.6M.
Out of that $40.6M, the Chairman put in $13.5M by himself - so exactly a third of all cash raised was from the Chairman.
This is from the guy who bought $1.07M of ALK on-market straight after the initial Boda discovery a few months ago.
I'm guessing he's pretty confident in what Boda will turn out to be?
Why wouldn't he be:
Boda proven up will be massive for ALK.
But 3, 4, 5, or 6 Bodas will be 3, 4, 5 & 6 times as massive.
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After all, the only two other Australian Porphyry mines (both in the area) both occur in clusters/multiple (5-6) deposits (ie. multiple Bodas) at Cadia Valley and Northparkes.
Happy days.
Cheers,
GB.
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52.0¢ |
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Mkt cap ! $313.8M |
Open | High | Low | Value | Volume |
52.5¢ | 52.8¢ | 52.0¢ | $122.9K | 235.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 12729 | 52.0¢ |
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Price($) | Vol. | No. |
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View Market Depth
No. | Vol. | Price($) |
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1 | 12729 | 0.520 |
2 | 28700 | 0.515 |
1 | 643 | 0.510 |
1 | 1950 | 0.505 |
1 | 7000 | 0.500 |
Price($) | Vol. | No. |
---|---|---|
0.525 | 163 | 1 |
0.530 | 133298 | 3 |
0.540 | 12408 | 2 |
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0.550 | 43135 | 2 |
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