We’re all guessing, and yes, options attached in the offer may...

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Plimsoll

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15/08/24

19:06

Post #: 75226796
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Originally posted by Spandog: ↑

I certainly haven't lost confidence, but the raise could suggest a low ball offer on the lithium asset/s, so rather than play around with that they just went straight to a raise / show that they don't 'need' the asset sale immediately / take the pressure off themselves. Just a guess / possibly didn't happen and couldn't get a sale through quick enough. Maybe they also anticipated a market correction. Who knows.

Personally missed the very bottom of the dip but the timing was unfortunate with a market crash going on at open, think that has to be taken into account / was just unlucky but has impacted price action. The raise is only small for shareholders particularly considering they're grabbing some, and you can't buy anywhere near that volume at 10c right now (10.5 at market). I'll be surprised if it doesn't go through and could even be oversubscribed. I'd like some attaching options personally haha, that would've forced me in, just not sure I'll have money available to partake.

History of capital raises suggests we'll stay around this price until the SPP is finalised. Market cap only 50m. confidence unchanged this end.

nfa/imo only (some of it absolute guessing haha)

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We’re all guessing, and yes, options attached in the offer may have tipped me into the SPP.

PSC Price at posting: 10.0¢ Sentiment: Hold Disclosure: Held
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Last 9.8¢		Change 0.000(0.00%)		Mkt cap ! $54.36M

Open	High	Low	Value	Volume
9.7¢	9.9¢	9.6¢	$6.599K	67.52K

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No.	Vol.	Price($)
1	8511	9.8¢

Sellers (Offers)

Price($)	Vol.	No.
9.9¢	4000	1

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No.	Vol.	Price($)
1	8511	0.098
2	10683	0.096
1	5340	0.094
1	10752	0.093
1	86900	0.092

Price($)	Vol.	No.
0.099	4000	1
0.100	219734	4
0.105	196780	3
0.110	165580	2
0.115	150000	1

Last trade - 15.55pm 17/09/2024 (20 minute delay)

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We’re all guessing, and yes, options attached in the offer may...

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Petratherm adds $1.6 to the piggybank ahead of SA titanium drilling program

Siren Gold boosts antimony resource by 66% to 14.5Kt at Auld Creek, NZ

Altair Minerals hits high-grade copper and gold at Wee MacGregor, QLD

Winsome scoping study proposes low-cost operation for Adina lithium project

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We’re all guessing, and yes, options attached in the offer may...

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Western Mines identifies 2 high-grade zones at Mulga Tank in WA

Petratherm adds $1.6 to the piggybank ahead of SA titanium drilling program

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