Apologies if this is repetition, thought I posted earlier but I don't see it...
$1.76M is enough to last a few quarters, given slower cash burn now that the BFS is done.
Of course the brokers will be harassing JD to do another CR, I don't think it's in our interest at all, but he may just agree there is a need for it. In this scenario, positives that I see are:
- A CR is PR. previous CR's have seen 50% share price rallies.
- Nyrstar may participate to maintain their 19.9%. Recent news stories say they're re-investing in their ops again, if they participate it would be a very good sign for Citronen.
- We need more shareholders for greater liquidity. It appears there are 1 or 2 short term traders who are happy to cap and trade the SP at 8c or less. A CR should break that pattern.
Cheers
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Last
0.2¢ |
Change
-0.001(20.0%) |
Mkt cap ! $3.667M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $367 | 183.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
24 | 28474995 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 6030354 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
24 | 28474995 | 0.002 |
11 | 12100487 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 6030354 | 9 |
0.004 | 33781459 | 21 |
0.005 | 2500000 | 4 |
0.006 | 4800000 | 2 |
0.007 | 715300 | 3 |
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