Why raise so much if the Saudi investment is imminent, and PFS is due? Unless there is some uncertainty on the timing of both of these or even the certainty that either of these is beneficial, and they want to keep money for say 4 quarters or more? If only they had raised just enough to cover 1 quarter cash burn, the impact on share price would be a lot more muted as we can read between the lines. Now they are going to be funded for a few quarters, can we expect more of BS reports coming out on great the tenements are to pump up the price? I hope not…a frustrated long term holder (albeit free holding)
GLTAH
- Forums
- ASX - By Stock
- Ann: Placement and Rights Issue to raise up to approx $4.62M
Why raise so much if the Saudi investment is imminent, and PFS...
- There are more pages in this discussion • 51 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 SRN (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.1¢ |
Change
0.001(10.0%) |
Mkt cap ! $21.84M |
Open | High | Low | Value | Volume |
0.9¢ | 1.1¢ | 0.9¢ | $67.92K | 6.784M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 926963 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 8506757 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 926963 | 0.010 |
16 | 5411508 | 0.009 |
18 | 7537865 | 0.008 |
5 | 3620000 | 0.007 |
4 | 6100800 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 8506757 | 9 |
0.012 | 8547665 | 8 |
0.013 | 3248128 | 5 |
0.014 | 2179375 | 4 |
0.015 | 686000 | 2 |
Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
|
|||||
Last
1.0¢ |
  |
Change
0.001 ( 5.26 %) |
|||
Open | High | Low | Volume | ||
1.0¢ | 1.0¢ | 1.0¢ | 1102109 | ||
Last updated 15.19pm 08/05/2024 ? |
Featured News
SRN (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online