When the corporate presentations come out, you know they will be looking to raise in the months ahead. The bank balance looks healthy so No massive desperation for one now. I think they will wait for the next run above 30c on good newsflow. As we have seen previously with PDI and like most stocks in the commodities boom now, most CR have been well supported and generally get a good surge on the back of them. Especially if they are well put together like PDI did last time - showing what exploration targets and plans the money will be going towards. Number of rigs, timeframe etc etc.
Ann: Corporate Presentation, page-8
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25.5¢ |
Change
0.015(6.25%) |
Mkt cap ! $599.4M | |||
| Open | High | Low | Value | Volume |
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| Price($) | Vol. | No. |
|---|---|---|
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