The market is now pricing in a capital raise. Given the share price badly undervalues the company they should do a rights issue so existing shareholders can avoid dilution.
A rights issue/placing is only dilutive if you don’t participate!
Ann: Third hole at Chuscal intersects vein grading 31.8 g/t gold, page-46
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Mkt cap ! $7.719M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.8¢ | $38.61K | 4.826M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 3761919 | 0.7¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 1636354 | 3 |
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