I too am perplexed by the circa 18% discount to what had been a 12 month price low. There is no way the de-risking of the drilling results over the last year can justify a cap rise below last year's 30c one. My topping up purchase last year at 30c means I struggle to justify increasing my exposure, even at this price. Concentration risk may be OK for the board, but as a retiree I have to be wary, yet dilution at this price at this time is hard to swallow. (My sentiment remains buy, as we are seriously underpriced.)
Ann: Successful Capital Raising, page-18
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Last
27.0¢ |
Change
0.010(3.85%) |
Mkt cap ! $274.6M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 28.5¢ | 25.0¢ | $99.12K | 356.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19998 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 6451 | 1 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| EEG (ASX) Chart |