In the following ways:
- It allows the company to fast track progress on whatever task they need to carry out in this case development phase of the mines)
- It brings confidence to the company (especially when oversubscribed)
- It cuts out the finance risk associated with the company
- Well funded, this will show confidence with any potential offtake partners
Ann: Trading Halt, page-47
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Last
10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $225.0M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.3¢ | 10.5¢ | $536.3K | 4.933M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 96 | 4283334 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 1066000 | 5 |
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| CXO (ASX) Chart |