CPO 7.84% 4.7¢ culpeo minerals limited

Tempted to reenter but that much dreaded potential capital raise...

  1. 23 Posts.
    lightbulb Created with Sketch. 9
    Tempted to reenter but that much dreaded potential capital raise is in the back of my mind and preventing me. Wonder if this was a little pump to set up a capital raise. Sure hope not for the sake of holders!

    Been burnt one too many times when management in other companies have said no capital raise required anytime soon to then only go against their word and raise at the worst times after the share price was hammered down.

    I am aware they have that 2.7 million financing facility as a source of funding, but is that really what the company wants to draw down on and use.

    Seems worth a punt at this market cap even if a capital raise occurs.
    Last edited by StockSeeker: 24/01/24
 
watchlist Created with Sketch. Add CPO (ASX) to my watchlist
(20min delay)
Last
4.7¢
Change
-0.004(7.84%)
Mkt cap ! $7.772M
Open High Low Value Volume
5.0¢ 5.0¢ 4.7¢ $79.33K 1.616M

Buyers (Bids)

No. Vol. Price($)
2 263631 4.7¢
 

Sellers (Offers)

Price($) Vol. No.
5.1¢ 80400 1
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
CPO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.