Share price to hit say 23c end of day, which is roughly $115m of existing shareholder value erased for a $40m loan that doesn’t appear aligned to building the mine.
Should be laws against offering the soph’s discounts like that unavailable to existing investors, yet alone the early warning institutions may have had to sell before announcement.
Ann: Global Institutions back Core Lithium $40 Million Placement, page-42
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Last
9.4¢ |
Change
-0.003(3.09%) |
Mkt cap ! $200.8M | |||
| Open | High | Low | Value | Volume |
| 9.9¢ | 10.3¢ | 9.4¢ | $1.562M | 16.13M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 1063679 | 9.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.5¢ | 6888 | 2 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| CXO (ASX) Chart |