Why would they use BMCG funds when they would be issued more shares.
WKT will use the money from sales first, that is no cost.
They will use Gemcorp funds remaining from the $20m, they are already paying interest on it.
If they need more funds they would be better off with a line of credit from a bank with low interest rates rather than drawdown on Gemcorps $5m which has a higher interest.
Its not pumping Spid it’s my opinion.
Farmer maybe this is an example of Spid not accepting another person alternative view. Does this mean I am a pumper because I have a different view? I think it’s a pretty rational argument
Why would they use BMCG funds when they would be issued more...
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Last
13.0¢ |
Change
0.010(8.33%) |
Mkt cap ! $87.26M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.0¢ | 12.0¢ | $6.727K | 53.96K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 164656 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 214226 | 5 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
12.0¢ |
Change
0.010 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 12.5¢ | 12.5¢ | 12.0¢ | 57118 | ||
| Last updated 14.12pm 10/05/2024 ? | |||||
| WKT (ASX) Chart |