Having seen a failed cap raise in another investment, its also not a shoo-in that the SPP will be a success when a) the market price can drop below the raise price, and b) this coincides with loss of faith in management by retail. Makes the decision to go for $5m only from sophs a little more concerning if they they had just assumed the SPP would cover remaining needed operational cash.
Not to cross-pollinate, but 3DP holders will know what i mean, they got about $200k from an SPP aiming to raise (i think, memory not great) about $1.6m.
Probably a small risk, but it is there nonetheless.
- Forums
- ASX - By Stock
- ALC
- Ann: Quarterly Activities Report & Placement Announcement/App 4C
Ann: Quarterly Activities Report & Placement Announcement/App 4C, page-42
-
-
- There are more pages in this discussion • 33 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ALC (ASX) to my watchlist
|
|||||
Last
4.7¢ |
Change
0.002(4.44%) |
Mkt cap ! $63.09M |
Open | High | Low | Value | Volume |
4.5¢ | 4.7¢ | 4.5¢ | $37.84K | 836.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 22600 | 4.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.7¢ | 111241 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 22600 | 0.046 |
7 | 865600 | 0.045 |
8 | 761839 | 0.044 |
2 | 460000 | 0.043 |
4 | 274904 | 0.042 |
Price($) | Vol. | No. |
---|---|---|
0.047 | 111241 | 4 |
0.048 | 40400 | 3 |
0.049 | 113516 | 4 |
0.050 | 122961 | 5 |
0.051 | 185000 | 1 |
Last trade - 16.10pm 18/06/2024 (20 minute delay) ? |
Featured News
ALC (ASX) Chart |
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online