I sort of agree with you
I think the company was as blindsided by the incredible results as we all were
takes a bit of time to arrange a raise and id guess they're right onto it now
we all seem to be assuming it'll happen sooner rather than later and given the ipo was 20 then a raise anywhere close to 60 or 70 would be awesome
management have signalled to the market it might be somewhere around 80 with their on market purchase
so brokers will be doing the usual to get it a discount to that...IMO
lets say $10million for now at 70c/share or something like that to their favoured broker?
Ann: Soil Grades up to 74,997 ppm U3O8 (7.5%) at Portland Creek, page-534
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Last
71.0¢ |
Change
-0.030(4.05%) |
Mkt cap ! $26.96M | |||
| Open | High | Low | Value | Volume |
| 75.0¢ | 75.0¢ | 65.0¢ | $749.2K | 1.101M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | 69.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 71.0¢ | 9499 | 2 |
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| I88 (ASX) Chart |