DCN
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0.00% 28.5¢ dacian gold limited

Ann: Quarterly Activities and Cashflow Report, page-37

  1. timbin4
    3,136 Posts.
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    08/05/20
    09:14
    Post #: 44503974
    The price they set for the cap raising at has nothing to do with the amount of money they would have raised (eg; they wouldn't have raised more if they set the price at 40c) but the price they set does speak to the value they put on the company (pre raising).... or the price they 'believed' the market (eg; institutional investors) was willing to pay for new shares.
    Last edited by timbin4: 08/05/20
    DCN Price at posting: 38.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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