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2.2¢ alicanto minerals limited

@penny1medico Would you be happy if the raise was at 13c? Cash...

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Spongieman

580 Posts.

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18/11/20

15:50

Post #: 48963929
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Originally posted by penny1medico: ↑

I gotta agree I really can’t see why there is a need for this currently. Will be watching the presentation today to attempt to understand why cash is being raised when there plenty cash at bank. I’ll need to understand a few things

1- what it’s for? Considering current drill program is 660k in the quarterly. Priced in all ready and not yet finished

2- at what cost? If it’s a 25% discount on current sp I’ll be severely disappointed considering the company feels there market capital is currently severely undervalued due to portfolio of projects and potential future at falun

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@penny1medico Would you be happy if the raise was at 13c? Cash in bank is good...clears the way for more drilling and hopefully gets some new investors onto the books that will support secondary market as was the case in the last placement.

AQI Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
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Last 2.2¢		Change -0.001(4.35%)		Mkt cap ! $16.45M

Open	High	Low	Value	Volume
2.2¢	2.2¢	2.2¢	$24	1.082K

Buyers (Bids)

No.	Vol.	Price($)
1	155000	1.9¢

Sellers (Offers)

Price($)	Vol.	No.
2.2¢	199459	1

View Market Depth

No.	Vol.	Price($)
1	155000	0.019
3	212489	0.018
1	186507	0.015
2	133500	0.012
1	275000	0.011

Price($)	Vol.	No.
0.022	199459	1
0.023	2495	1
0.024	35000	1
0.028	983157	1
0.029	299887	1

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