100%
An SPP right now would be death by a thousand cuts. Never a good idea because it just acts as a handbrake on the SP.
Better to run the CR, complete it and move on quickly.
I don't think I've previously seen any Li explorers run a CR with only a single day TH. I'm pretty sure other companies always run a 2 day process.
The fact we ran it in one day, closed the book in 5 hours (on Friday) and are already up and trading again on Monday speaks to the very strong soph and insto demand at these price levels.
CR was for $30m with a potential for $5m increase and there was sufficient interest for that $5m increase to be triggered.
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13.8¢ |
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Mkt cap ! $391.9M |
Open | High | Low | Value | Volume |
14.5¢ | 14.5¢ | 13.5¢ | $1.192M | 8.689M |
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No. | Vol. | Price($) |
---|---|---|
28 | 735250 | 13.5¢ |
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Price($) | Vol. | No. |
---|---|---|
14.0¢ | 1508869 | 31 |
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No. | Vol. | Price($) |
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28 | 736316 | 0.135 |
39 | 3225255 | 0.130 |
26 | 738548 | 0.125 |
18 | 1240682 | 0.120 |
7 | 836701 | 0.115 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 1508869 | 31 |
0.145 | 443346 | 14 |
0.150 | 973943 | 18 |
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0.160 | 1486836 | 18 |
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