re: may want to issue more shares/value added! Yes, and if you read the whole report, they have just added value of up to 7.2 Million Dollars to the Company's worth purely through the Uranium deal thus far! Any aspiring Company should have the capacity to raise additional funding up its sleeve in order to take advantage of any further aquisitions (they have mentioned they are always looking) that may come up in the future, or for any other working capital or rational and value add purposes. Besides, if they did offer the shares sometime down the track, who do you think they will offer them to first and foremost ................. existing shareholders
at a sizable discount to SP as it should be. So in turn any dilution of SP is reflected in EXT holders average price based on mean average. I like the way the management is working and thinking ahead at all times
and this company's chances of outstanding success in both Uranium and Gold are second to none in a very short time! Later on when they are flush with money, they can do a share consolidation, say a 10 for 1, as most successful company's do, and then pay dividends accordingly, but that will be further down the track!
wrxsti
- Forums
- ASX - By Stock
- ann out any good ?????
re: may want to issue more shares/value added! Yes, and if you...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EXT (ASX) to my watchlist
|
|||||
Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.18M |
Open | High | Low | Value | Volume |
0.6¢ | 0.8¢ | 0.6¢ | $10.63K | 1.522M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1530819 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 3929249 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1530819 | 0.007 |
11 | 4152665 | 0.006 |
5 | 6860195 | 0.005 |
4 | 11098750 | 0.004 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 3429249 | 11 |
0.009 | 2753165 | 7 |
0.010 | 3190525 | 6 |
0.011 | 3339656 | 7 |
0.012 | 5723472 | 4 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
Featured News
EXT (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online