Big dilution once more - current shares on issue of 201m after the recent 1 for 15 share restructure / dilution will now increase by 43.5% to 288.5m if they raise $3.5m @ 4c.
Hopefully the second Tranche, with settlement due late March, will be available to existing long suffering share holders ...... let's wait and see.
As I said earlier, had Directors waited post the announcement of the pending updated resource figures due within 7 weeks and on the assumption the additional drilling results will significantly increase the existing resource, this placement would have been made at a higher figure than 4c with reduced dilution to existing share holders !
Will be interesting to see who the recipients are !
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1.1¢ |
Change
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Mkt cap ! $9.704M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.1¢ | $97 | 8.783K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 6969268 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 1049000 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 6969268 | 0.010 |
4 | 2033330 | 0.009 |
8 | 1750052 | 0.008 |
4 | 1123375 | 0.007 |
3 | 1449995 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 1049000 | 3 |
0.012 | 1048801 | 2 |
0.013 | 1134463 | 4 |
0.014 | 795000 | 3 |
0.015 | 363310 | 2 |
Last trade - 11.28am 03/06/2024 (20 minute delay) ? |
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