I wonder though... Due to the fact that the capital raising event was behind the drop (the dilution) and not necessarily the entire market (at this point anyway) then the dip could be temporary. However, as others have pointed out, it still could continue to fall when the rest of the market does.
One positive sign is that they managed to fill their entire capital requirements using only institutional investors and the average shareholder didn't get a peek. That must say something about faith in the company.
I suppose we'll know on Monday. I'll try not to forget that I bought it this time
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- Ann: Successful Completion of $120m Underwritten Placement
I wonder though... Due to the fact that the capital raising...
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Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares
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Last
$1.14 |
Change
-0.045(3.80%) |
Mkt cap ! $869.3M |
Open | High | Low | Value | Volume |
$1.16 | $1.17 | $1.13 | $26.26M | 22.82M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 162409 | $1.14 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.15 | 142842 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 11909 | 1.135 |
50 | 203442 | 1.130 |
20 | 82198 | 1.125 |
49 | 381084 | 1.120 |
7 | 47448 | 1.115 |
Price($) | Vol. | No. |
---|---|---|
1.145 | 127842 | 5 |
1.150 | 21590 | 2 |
1.155 | 6566 | 2 |
1.160 | 130790 | 5 |
1.165 | 104645 | 6 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
Featured News
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares
DRO (ASX) Chart |