I don't think they will do a CR at these prices. Far too dilutionary. Have to issue a third of the SOI to get a decent amount of cash.
Past experiences here tells me that BAss may just do another loan to save on diluting shareholders. His past track record shows he likes to make.money and likes his shareholders to make money.
What ever it is it will be as small as.possible till market conditions improve.
In saying that they have cut the spending way back while the metallurgical works take place along with planning. So this can progress on the smell of an oily rag.
Cheers
- Forums
- ASX - By Stock
- EM2
- Ann: Technical Studies Update
Ann: Technical Studies Update, page-9
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add EM2 (ASX) to my watchlist
|
|||||
Last
4.9¢ |
Change
-0.001(2.00%) |
Mkt cap ! $19.25M |
Open | High | Low | Value | Volume |
4.9¢ | 4.9¢ | 4.9¢ | $2.188K | 44.65K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4923 | 4.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.3¢ | 143630 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4923 | 0.049 |
4 | 346511 | 0.048 |
2 | 23000 | 0.046 |
1 | 4000 | 0.045 |
1 | 23278 | 0.043 |
Price($) | Vol. | No. |
---|---|---|
0.053 | 143630 | 2 |
0.058 | 17 | 1 |
0.060 | 106868 | 2 |
0.061 | 34500 | 1 |
0.062 | 91040 | 2 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
EM2 (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online