Almost 37 million shares traded so far today - that equates to about 0.6% of the total shares on offer
Around $1.5 million worth of trades today - that equates at about 0.44% of the total value of the company
I would have expected a sell off simply because of the capital raise and the discount to the share price.
Obviously there are some who cannot wait around any longer and fair enough to them.
I assume someone is happy enough to be buying the 37 million shares.
I hope that at some point management engage a little more with investors instead of using "generalizations" regarding how good a position we are in. Just looking at a FAR chart for the past 4 years shows exactly how much investor value they have added!
Maybe we should adopt a resolution for the next AGM - Management to take a 50% pay cut until production commences, after all we have taken a pay cut of more than that!!!!!
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Ann: Equity raising to finance Sangomar Phase 1 Presentation, page-68
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Last
47.5¢ |
Change
0.010(2.15%) |
Mkt cap ! $43.89M |
Open | High | Low | Value | Volume |
46.5¢ | 48.0¢ | 46.5¢ | $13.86K | 29.29K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 47.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
48.0¢ | 9574 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 0.470 |
3 | 36924 | 0.465 |
2 | 13100 | 0.455 |
1 | 1822 | 0.450 |
1 | 2000 | 0.435 |
Price($) | Vol. | No. |
---|---|---|
0.480 | 9574 | 3 |
0.490 | 30000 | 1 |
0.495 | 50000 | 1 |
0.500 | 110000 | 2 |
0.510 | 220895 | 4 |
Last trade - 13.46pm 18/09/2024 (20 minute delay) ? |
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FAR (ASX) Chart |