AGY 0.00% 3.8¢ argosy minerals limited

Ann: Renounceable Rights Issue to raise up to $6.2M, page-5

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  1. 105 Posts.
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    A CR was a strong possibility if we couldn't negotiate the Stage 1 offtake in time, however I don't quite understand why the shares are being offered at such a discount to the current SP? The holders that are left here all want to the company to be successful, and we are being offered 1 for every 15 held, so I can't imagine we'd have any issues raising the funds, even if at a slight premium! 10c is lower than the SP has been for a LONG time. 
 
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Mkt cap ! $55.32M
Open High Low Value Volume
3.9¢ 4.0¢ 3.8¢ $131.9K 3.384M

Buyers (Bids)

No. Vol. Price($)
4 872154 3.8¢
 

Sellers (Offers)

Price($) Vol. No.
4.0¢ 990329 8
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