Dude, I know it’s a done deal, that’s the problem!
They say commitments for $7m, they will like raise more. Maybe $10m given the demand?
I don’t care who you ‘claim’ is supporting it on market, we can’t get away from the fact that when $7m worth of stock at 3.5c hits the market it’s worth $30m, it will cause a tonne of selling pressure thanks to the $20m+ profit for the boys.
Management need to do what’s in the best interest of us shareholders, a 3.5c raise is not! Raising 10c+ is.
Dude, I know it’s a done deal, that’s the problem! They say...
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Last
25.5¢ |
Change
-0.010(3.77%) |
Mkt cap ! $307.6M | |||
| Open | High | Low | Value | Volume |
| 26.5¢ | 27.0¢ | 24.0¢ | $2.184M | 8.779M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2449 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.5¢ | 43736 | 2 |
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| WC8 (ASX) Chart |