Not so, if you do a CR now 4c and the share price drops back to 2c then you would be hard pressed to get investors.
If the price stays at 4c for a week or so I think you would be better placed.
Assay of Rushworth I think will be a catalyst for CR.
Then you might be able to get 6-8c a share if results are good, and I suspect they will be.
Then investors will be crawling over themselves to be a part of it
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-7
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Last
1.7¢ |
Change
-0.003(15.0%) |
Mkt cap ! $4.393M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.0¢ | 1.7¢ | $2.181K | 117.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 201514 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 100000 | 1 |
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| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| DTM (ASX) Chart |