Considering how difficult capital raising (CR) is these days, the company has done very well by securing $2.2 million without offering much discount or free attaching options. With no more cap raising in sight and already announced positive copper results, the share price is poised for upward movement. They also currently have 13.9 million listed options (CPOO) at 18 cents and 11.6 million unlisted options at 10 cents. I believe these options will be exercised in due course, providing the company with an additional $3.6 million. In my view, it is a very good time to be a shareholder of this company.
Ann: Culpeo Secures Funding to Advance Copper Exploration, page-6
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Last
2.5¢ |
Change
-0.004(13.8%) |
Mkt cap ! $5.366M | |||
| Open | High | Low | Value | Volume |
| 2.9¢ | 2.9¢ | 2.5¢ | $24.14K | 923.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 422660 | 2.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.8¢ | 168500 | 2 |
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| CPO (ASX) Chart |