I know it may drop initially towards the cap raise price but to raise $11mill means that those in the know are pretty confident that there is something worthwhile to come from further exploration. Not easy to raise this cash for a junior unless the chances of success are pretty high.
I think this will go back up in no time and sooner than most think.
Ann: Firm Commitments Received for $11 Million Placement, page-5
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Last
28.0¢ |
Change
-0.005(1.75%) |
Mkt cap ! $70.11M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 29.5¢ | 28.0¢ | $100.9K | 350.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 32032 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 37896 | 4 |
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| Last trade - 12.56pm 26/06/2024 (20 minute delay) ? |
| AGC (ASX) Chart |