We'll, that's the end of the hope that Malcolm was going to pull a rabbit out of the hat by way of finding a cornerstone investor to buy in and support the company.
but that's the problem; too cheap to sell the entity off and needing massive funding to run 3 separate explorations.
i have to say I have plenty of sympathy for @borks view that this is a disaster. SP @ 1.2c, $5m raised and with a clear plan as to how much capex is required to turn this into a producing mine, never mind how to raise the SP.
am afraid to look at my books as regards size of the losses, think I'm in at 6.5c..
wazz
Ann: Proposed issue of securities - STM, page-2
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add STM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $21.62M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $10.54K | 2.109M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 51 | 47757037 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 20678716 | 15 |
View Market Depth
| Last trade - 10.59am 18/09/2024 (20 minute delay) ? |
| STM (ASX) Chart |