Everyone gets a bit nervous around these manoeuvres, however a tighter registry of 350M shares looks better than 1.6B shares going into financing discussions, and probably an expanding share base again quite soon depending on the debt/equity mix to fund construction.
North Americans like a smaller capital structure and higher share prices. That's maybe why we are doing this now, and maybe trying to lock in some of the premium we are enjoying atm.
Just my thoughts.
Hardrock
Everyone gets a bit nervous around these manoeuvres, however a...
-
- There are more pages in this discussion • 2 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 CMM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$5.94 |
Change
-0.200(3.26%) |
Mkt cap ! $2.242B | |||
| Open | High | Low | Value | Volume |
| $6.05 | $6.07 | $5.87 | $11.16M | 1.875M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 7177 | $5.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.97 | 9409 | 8 |
View Market Depth
| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| CMM (ASX) Chart |