they state they have 8.4 million of the requested 11. they also have 1.3 million oz resource which is not being valued very highly by the market . so really maybe they are just giving shareholders a chance to tip in. usually on HotCopper everyone complains the directors got $ from outsiders, this time they have their chance to add themselves although it's odds-on most won't do it, and the short timeframe doesn't help either.
Ann: Entitlement offer to raise $11 million, page-6
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Last
13.5¢ |
Change
0.015(12.5%) |
Mkt cap ! $154.6M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 14.5¢ | 12.0¢ | $1.184M | 9.298M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 145234 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 409212 | 2 |
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| WIA (ASX) Chart |