Most of the money raised was to pay off debt (3.5M) and for other fees and charges (6% commission on money raised).
Huge share dilution and only $2.9M left.
Shouldn't take long to burn through this, borrow more and go back to the market with "good news".
Currently losing 0.6 cents per share for the half.
0.003 seems over priced.
Ann: New High Grade Gold Intercepts at Crown Prince, page-70
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Last
0.5¢ |
Change
-0.001(9.09%) |
Mkt cap ! $35.70M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.5¢ | $24.44K | 4.867M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 22331144 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 29836058 | 30 |
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| Last trade - 15.30pm 16/08/2024 (20 minute delay) ? |
| OAU (ASX) Chart |