Joanne,
I wouldn’t worry about a CR, they are not all bad. On a rising sp like this has had I consider an occasional CR as prudent. I am thinking the typical 15% CR they can do without our approval, which they will inevitably have to do at something like a 15% discount. This would raise them about $7 mm, heaps for the near term. Such a CR only theoretically diminishes the value of our shares by about 2%. In reality it’s just a necessary cost of acquiring the funds required for junior explorers.
I don’t post here regularly because early stage explorers aren’t my thing, but I got these via CZI. Just as I wouldn’t buy this due to not understanding it, I am not selling at this stage for the same reason. I”ll make a decision when I think I understand the value proposition.
EL
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Last
5.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.807M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 27297 | 5.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 20000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 27297 | 0.051 |
2 | 35396 | 0.050 |
1 | 60000 | 0.044 |
1 | 50000 | 0.043 |
1 | 24995 | 0.040 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 20000 | 2 |
0.060 | 23657 | 1 |
0.063 | 21615 | 1 |
0.064 | 552 | 1 |
0.068 | 14546 | 2 |
Last trade - 16.12pm 30/08/2024 (20 minute delay) ? |
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