You get to participate in future cap raises. So if company needs more to say “build a coal mine” they raise further capital you can increase your stake.
No no one is going to give us a free mine, we will have to raise more capital in the future. I don’t get how this is so hard to understand.
Ann: Letter of Intent to Provide Future Financial Support, page-18
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Last
37.5¢ |
Change
0.005(1.35%) |
Mkt cap ! $187.8M | |||
| Open | High | Low | Value | Volume |
| 38.0¢ | 38.0¢ | 37.0¢ | $18.53K | 49.82K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5268 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.5¢ | 64960 | 1 |
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| Last trade - 15.16pm 15/07/2024 (20 minute delay) ? |
| AKM (ASX) Chart |