They will definitely want/have to raise again soon, at a much higher price. They could have issued shares at 0.001 like AMD did and dilute the bejesus out of shareholders but instead chose a minimal raise at 0.002 to insiders. That speaks a lot. Many smart operators are jumping on iron ore train and China is looking like it's slowly getting out of a deep bottom, so I think the odds are in my favour.
Ann: Placement, Board Change, Acquisition of Exploration Licences, page-25
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Last
3.8¢ |
Change
0.009(31.0%) |
Mkt cap ! $136.7M | |||
| Open | High | Low | Value | Volume |
| 3.0¢ | 4.0¢ | 2.9¢ | $1.334M | 38.84M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 290008 | 3.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.9¢ | 583332 | 4 |
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| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
3.9¢ |
Change
0.009 ( 34.0 %) |
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| Open | High | Low | Volume | ||
| 2.9¢ | 4.0¢ | 2.9¢ | 28002903 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| M4M (ASX) Chart |