Also if entitlement value is less , then more shares would be needed. That just dilutes the share total of company. This process also gives further income down the track for the work needed. I guess it's how you look at it. We own shares and we own part of the company. It's not about profit short term, it's about long term. The burden is divided equally according to the share allocation. I guess it's up to everyone, how they look at it. If money isn't raised, we stick with the one drill for now.
Also if entitlement value is less , then more shares would be...
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Mkt cap ! $2.478M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 9 | 3566666 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 0.4¢ | 1011380 | 2 |
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| Last trade - 16.12pm 03/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
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| Last updated 14.39pm 03/05/2024 ? | |||||
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