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 $$$$$.
Very difficult to understand this, very disappointing. If you...
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Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $30.36M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 2.3¢ | 2.1¢ | $25.65K | 1.143M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1427403 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 339742 | 3 |
View Market Depth
| Last trade - 14.02pm 24/06/2025 (20 minute delay) ? |
| ARD (ASX) Chart |