MJA you post
dilution due to capital raising so say a doubling from here in share value.
You have disregarded that if there successful drilling carries on then with the increased amount of gold they will find would it would therefor probably cover any dilution plus enhance the value of a share in PDI . You are basing your 2 times on what we have now and will find no more but will keep raising and still find no more. If my scenario comes to friutation then there will be less dilution due to raising at higher prices. Look at DEG from 4 cents to a dollar and raised at around 4 cents and later at 28 cents and now have plenty of cash and lots more gold.
MJA you post dilution due to capital raising so say a doubling...
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Last
27.0¢ |
Change
0.015(5.88%) |
Mkt cap ! $634.7M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 27.0¢ | 25.0¢ | $778.6K | 3.005M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5097 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 375130 | 6 |
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| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| PDI (ASX) Chart |