On the surface it is because it indicates investor belief about whether the prospect can deliver the goods. But at the end of the day what’s in the drill core determines that. I’ve seen plenty of raises etc that have been oversubscribed and delivered dust. I’m happy to expand my punt here and see what happens.
Ann: Option Entitlement Issue - Shortfall Notice, page-9
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Last
6.8¢ |
Change
-0.002(2.86%) |
Mkt cap ! $9.154M | |||
| Open | High | Low | Value | Volume |
| 6.5¢ | 6.8¢ | 6.5¢ | $1.292K | 19.34K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 6.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.9¢ | 35000 | 2 |
View Market Depth
| Last trade - 13.57pm 03/05/2024 (20 minute delay) ? |
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Last
6.7¢ |
Change
-0.002 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 6.6¢ | 6.7¢ | 6.6¢ | 80658 | ||
| Last updated 13.57pm 03/05/2024 ? | |||||
| ARN (ASX) Chart |