I understand that not everyone is happy with cap raises as is the case in most instances, if lower than current price the price does pull back to CR price. This also has that magnetic pull of bringing out all the deadwood, longer term holders (who have endured pain due to redness in their portfolio), those who couldn't get on at rock bottom prices for a quick trade and are stuck and more so from those trying to milk it, bag it and get set at lower.
For me and my opinion only, the is great news and the timing is perfect!
Check out:
- Commodity price
- Location
- Holders
- Holdings
- Potential
- Timing of CR
and most importantly
-The Chart!
I understand that not everyone is happy with cap raises as is...
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Last
13.0¢ |
Change
0.005(4.00%) |
Mkt cap ! $363.9M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.5¢ | 12.5¢ | $755.8K | 5.910M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 378977 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 109597 | 4 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| LRS (ASX) Chart |