There's various outcomes or reasons as to why the sp has pumped. Depends which hat you wear and how deep you are lol.
One positive way to look at it is that its an Entitlement Offer as opposed to a CR which deters dodgy brokers from being involved.
Hopefully these funds are predominantly used for the expansion of the resource base at the Ivigtût Project in Greenland which leads to better findings and some strategic investors! That's the positive theory
I'm sure we are all smart enough to know how the other outcome goes.
I guess we wait and see what happens from tomorrow through to the 10th Jan for that theory.
There's various outcomes or reasons as to why the sp has pumped....
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Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $59.98M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.1¢ | 1.9¢ | $127.5K | 6.388M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 510349 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 4500000 | 2 |
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| Last trade - 16.13pm 25/07/2025 (20 minute delay) ? |
| EPM (ASX) Chart |