It could be any number of things but I’ll go with another CR placement and SPP
vwap for past 5 days would be 85-87ish so the offer could be as high as 75c plus
it is a very sought after stock so might easily get the $15 or so mill required for bulk ore start up without debt and interest and also funds are in the bank within 45-60 days and only adds 20-25 mill shares to what’s issued already
SP going back to 75 to get to 1.25 is a necessary evil sometimes
It could be any number of things but I’ll go with another CR...
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20.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $45.08M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.0¢ | 20.5¢ | $3.847K | 18.65K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 47676 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 152276 | 3 |
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| E25 (ASX) Chart |