To me its about the funding arrangement for the two remaining loans that in the last presentation were listed as under due dillegence.
The outside dark horse for me is a party coming in to form a joint venture most likely cancelling out the need for a loan from the 2 other parties.
I don't think its a bad announcement.
I think the recent lowish volume sell down is more to do with resource and small cap sector sentiment rather than anything else and I highly doubt instos would of poured 16 odd million bucks in If they had their doubts about project viability or a bad finance ann coming in the space of a month or so.
It doesn't really seem right to be all cheerful and happy days at the Maylasia opening and then have the finance pulled from beneath your feet a week later.
Anyway we will wait and see.
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Last
5.3¢ |
Change
0.001(1.92%) |
Mkt cap ! $90.66M |
Open | High | Low | Value | Volume |
5.2¢ | 5.3¢ | 5.2¢ | $55.06K | 1.055M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 315368 | 5.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.3¢ | 188701 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 315368 | 0.052 |
1 | 100000 | 0.051 |
7 | 468555 | 0.050 |
4 | 239659 | 0.049 |
3 | 131249 | 0.048 |
Price($) | Vol. | No. |
---|---|---|
0.053 | 188701 | 1 |
0.054 | 673888 | 2 |
0.055 | 188703 | 3 |
0.056 | 100000 | 1 |
0.057 | 218329 | 2 |
Last trade - 13.54pm 04/07/2024 (20 minute delay) ? |
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