I am not a fan of SPP's if a company is about to embark on a drill program. Because of the time they take they can stifle any appreciation in a company's share price while they are in progress. Just look at what happened to NXM some months ago when they did an spp at the same time they started drilling. Better , if the company needs funds, to do a quick placement to sophisticated investors or a cornerstone investor and have it over and done with in 2 or 3 days
I am not a fan of SPP's if a company is about to embark on a...
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Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $30.36M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 2.1¢ | $5.648K | 268.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 2193427 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 506742 | 7 |
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| Last trade - 12.08pm 25/06/2025 (20 minute delay) ? |
| ARD (ASX) Chart |