thats all good Kipper for the new holders who participated at 1c and have been holding for a whole 5 minutes however this recent giveaway capital raising has diluted long term holders to oblivion so no reward whatsoever at this stage for holders like myself who have been supportive and loyal for around a decade.
Recent trading, particularly todays so far illustrates how destructive these capital raisings can be to a share price when timed poorly.
At this stage our share price has not benefited at all from a pretty solid announcement regardless of the 50m odd shares that have already gone through today.
Are capital raisings necessary? Absolutely however this most recent one was managed poorly IMO and now we are paying the price.
All IMO
Ann: GEO-01 Returns Near-Surface High-Grade Gold, page-27
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Mkt cap ! $51.81M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.2¢ | 1.1¢ | $99.18K | 8.971M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 400259 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 12012754 | 17 |
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