I hold and have for a while but my opinion on the recent todays selldown on such good news is because they may do a placment with only $9m in cash.
This will require a billion $ Capex, most of which will obviosly come from another major or if the SP gets much higher they may fund a larger percentage themselves.
I am not downramping as i am a holder, but i have seen this too often.
I have no idea on a Placement price, but cant imagine it being any lower than 20c. May be a small one for a special purpose.
Obviously i could be way off the mark.
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Last
0.3¢ |
Change
-0.001(25.0%) |
Mkt cap ! $4.782M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.3¢ | $60.75K | 18.11M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 18873941 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 7657163 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 18873941 | 0.003 |
17 | 13505034 | 0.002 |
5 | 5800000 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 7657163 | 10 |
0.005 | 5679982 | 12 |
0.006 | 5110777 | 3 |
0.007 | 1101257 | 5 |
0.008 | 606448 | 3 |
Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
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