Yep, needs a lot of confidence to not raise on a big rally off results
I can only think that the board believes they're genuinely onto something
Because if theyre wrong, theyll need to raise at a lower price
Bullish signal imo
Usually i think even if a board was bullish, theyd still want to raise before the next results to give CR participants liquidity, and simply because it needs to be done (they need the cash to continue exploration)
in saying that though, they're planning a new drilling program to commence shortly, so there will be plenty more newsflow to come. The upcoming drilling program should be more exciting as they now have a better understanding of where to drill, and they'll be drilling deeper where theyve found the high grade gold
The assays to date have been highly encouraging, and the market has reacted positively to every batch so far (each batch seems to increase confidence in the boards theory)
- Forums
- ASX - By Stock
- Ann: Further high-grade results from Spur drilling
Yep, needs a lot of confidence to not raise on a big rally off...
-
-
- There are more pages in this discussion • 259 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WTM (ASX) to my watchlist
(20min delay)
|
|||||
Last
33.0¢ |
Change
-0.025(7.04%) |
Mkt cap ! $66.59M |
Open | High | Low | Value | Volume |
34.0¢ | 35.5¢ | 33.0¢ | $116.4K | 339.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 13765 | 33.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
34.5¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 13765 | 0.330 |
1 | 75000 | 0.325 |
3 | 103125 | 0.320 |
1 | 4773 | 0.315 |
1 | 6666 | 0.310 |
Price($) | Vol. | No. |
---|---|---|
0.345 | 10000 | 1 |
0.350 | 2698 | 1 |
0.360 | 35774 | 1 |
0.370 | 24702 | 2 |
0.375 | 10000 | 1 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
Featured News
WTM (ASX) Chart |