Lol what a joke, "plenty of cash" no raging boom they had 3.9 mill left at the end of December. Since then they have had to pay 3 months of operations, Significant expansion on the mine site already and pay wages for their ever-growing staffing lists. Once you account for the Dilution caused by Chrisp Con note, 16c would have been fair price, disappointed by 14. But it's not blue murder.
Don't understand the shock, we all knew it needed to raise as discussed in the past. was Never gonna get 77 mill in debt funding when it had 3.9 mill cash in dec.
Ann: Share Placement and Entitlement Offer, page-40
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Last
3.8¢ |
Change
-0.002(5.00%) |
Mkt cap ! $32.91M | |||
| Open | High | Low | Value | Volume |
| 3.9¢ | 3.9¢ | 3.7¢ | $16.11K | 427.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 104423 | 3.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.0¢ | 479081 | 2 |
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| Last trade - 15.39pm 27/09/2024 (20 minute delay) ? |
| CXM (ASX) Chart |