Say it doubles on great results (~300mill MC), raising 6 mill shares @ $5.00 (~10% dilution) will give them $30mil working capital that will be required to drill out this mammoth. I’m not sure why anyone would be concerned about CR unless they decide to CR before assays results are released. Only that scenario would be a dead set giveaway about their lack of confidence. Simple as that. Good luck all.
Ann: Company Presentation, page-48
-
- There are more pages in this discussion • 30 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CPN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
5.4¢ |
Change
-0.003(5.26%) |
Mkt cap ! $5.090M | |||
| Open | High | Low | Value | Volume |
| 5.7¢ | 5.8¢ | 5.4¢ | $51.55K | 933.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 146766 | 5.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.2¢ | 100000 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| CPN (ASX) Chart |