They are raising 5mil @25c and more importantly was already half covered by a few strategic conerstones insto's. This CR blindsided me too BUT, i think with the latest $1.8mil win and with only 2.8mil it is possible that they will need to pay for a lot of the build upfront. You do not want to operate a company of this size with say 1mil in the bank. Also does not hurt to have money up you sleeve if you have another acquisition in mind.
Everyone just needs to remember that since the last 2 CR's, the shareprice has gone up after each of them and they are bringing insto's on board
- Forums
- ASX - By Stock
- Ann: Trading Halt
They are raising 5mil @25c and more importantly was already half...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DEM (ASX) to my watchlist
(20min delay)
|
|||||
Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $34.27M |
Open | High | Low | Value | Volume |
13.5¢ | 13.5¢ | 13.0¢ | $12.93K | 99.34K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 169999 | 12.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.5¢ | 111581 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 169999 | 0.125 |
2 | 136854 | 0.120 |
1 | 3082 | 0.115 |
1 | 9090 | 0.110 |
2 | 60090 | 0.095 |
Price($) | Vol. | No. |
---|---|---|
0.135 | 111581 | 3 |
0.140 | 25874 | 2 |
0.145 | 50000 | 1 |
0.150 | 213192 | 4 |
0.160 | 184955 | 2 |
Last trade - 15.40pm 13/05/2024 (20 minute delay) ? |
|
|||||
Last
13.5¢ |
  |
Change
0.000 ( 3.85 %) |
|||
Open | High | Low | Volume | ||
13.5¢ | 13.5¢ | 13.0¢ | 58925 | ||
Last updated 14.16pm 13/05/2024 ? |
Featured News
DEM (ASX) Chart |
The Watchlist
MGU
MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
MD
SPONSORED BY The Market Online