Very difficult to understand this, very disappointing. If you watch the video presentation DB did, he trumpets how they have not diluted / done CR's......they just raised funds a short while ago and issued a heap more shares, now they are back for more.
Instead of doing CR's, drill West Wyalong and be quick about it. They only have to spend another $300,000+ there to get the 70% ownership stake. Raising when the SP is 2.6 cents a share is pathetic. Concentrate on increasing the value of the company while prudently managing the finances - don't came racing back for more $$$$$.
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Last
2.5¢ |
Change
0.002(8.70%) |
Mkt cap ! $36.15M | |||
| Open | High | Low | Value | Volume |
| 2.4¢ | 2.5¢ | 2.4¢ | $142.9K | 5.793M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 1260472 | 2.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.5¢ | 164267 | 2 |
View Market Depth
| Last trade - 16.10pm 28/07/2025 (20 minute delay) ? |
| ARD (ASX) Chart |