Banks must have told them to top up.
I was thinking that the directors haven't been stumping up any money of their own to show faith in their plan..maybe this is it.
A rights issue would be the only fair thing to do considering they are getting a very good gold price for their hedged production. Ill be putting in thats for sure. Maybe they want extra cash to accelerate exploration and give it a real crack...4 rigs turning at once would be nice...GLAH
Ann: Trading Halt, page-13
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Last
$1.34 |
Change
-0.025(1.83%) |
Mkt cap ! $1.483B | |||
| Open | High | Low | Value | Volume |
| $1.37 | $1.37 | $1.34 | $3.644M | 2.693M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 50583 | $1.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.35 | 500 | 1 |
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| Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
| SPR (ASX) Chart |