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0.5¢ inca minerals limited

Ann: Rights Issue and Termination of Acuity Capital Facility, page-88

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zenvestor

1,937 Posts.

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29/09/19

13:06

Post #: 40626012
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Originally posted by snakebones: ↑

I gotta add here that at least they are still doing the best to look after share holders with the 1 for 4.

You can hate me for saying that but I do believe its the case.

they are not going to institutions: They are going to the shareholders with the 1 for 4 and not letting big money swoop in to dilute the living bejezus out of existing holders.

We are in the exploration game and we have no money.

I am still gutted but don't feel they had any choice.

The big wheel is turning slower than expected and there are not many levers we can pull to change this.

I dont feel there were many other options while we wait for Peru.

I am open to any tirades directed at me for this post. It's just my honest gut feel and rght now im trying to do my best to understand as well as possible an outcome which I find undesirable yet inevitable.

SB

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Nope, you nailed it. There's no other way of raising funds...well there is, we could all do a whip round and throw money in a hat?

ICG Price at posting: 0.4¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 0.5¢		Change 0.000(0.00%)		Mkt cap ! $4.066M

Open	High	Low	Value	Volume
0.5¢	0.5¢	0.5¢	$150	30K

Buyers (Bids)

No.	Vol.	Price($)
4	3305997	0.5¢

Sellers (Offers)

Price($)	Vol.	No.
0.6¢	1055690	4

View Market Depth

No.	Vol.	Price($)
4	3305997	0.005
6	6329194	0.004
12	17376780	0.003
3	3199980	0.002
3	4799950	0.001

Price($)	Vol.	No.
0.006	1055690	4
0.007	924600	3
0.008	1201540	5
0.009	1033282	3
0.010	1000000	1

Last trade - 10.04am 01/10/2024 (20 minute delay)

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