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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49.0¢ |
Change
0.005(1.03%) |
Mkt cap ! $295.7M |
Open | High | Low | Value | Volume |
48.0¢ | 49.5¢ | 48.0¢ | $300.8K | 617.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 46396 | 48.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.0¢ | 37799 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 46396 | 0.485 |
12 | 186478 | 0.480 |
5 | 70022 | 0.475 |
6 | 14794 | 0.470 |
2 | 52150 | 0.465 |
Price($) | Vol. | No. |
---|---|---|
0.500 | 37799 | 5 |
0.510 | 1900 | 1 |
0.515 | 1315 | 1 |
0.520 | 10000 | 1 |
0.525 | 50000 | 1 |
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