One of the reasons our share price is so low is because we don't have Broker support and we won't get it unless there is something in it for them. Brokers have to be fed too.
So a small Cap Raising (say 100m @10 cents, one for ten held, underwritten) would provide funds to pick up the pace and get us Broker support. We could get that away easily and cash up in a tough market. Dilution would be minimal and the benefits would far exceed the negatives. Please consider the advantages of Broker support and a quicker drilling program leading to early gas sales. We have a massive resource and must move with all haste.
Cheers all,
One of the reasons our share price is so low is because we don't...
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Last
22.5¢ |
Change
-0.005(2.17%) |
Mkt cap ! $636.5M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.0¢ | 22.0¢ | $1.581M | 7.009M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 840004 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 639041 | 6 |
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| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| STX (ASX) Chart |