Hey twou
I am yet to see a CR or a placement for that matter above the current SP for any company. It just doesn't happen. If a company is that strong (APT, FMG) they issue bonds to the market. FMG just did this yesterday for $1.5bn.
My previous comment for $2.50 minimum is probably over optimistic......and as always we will see some small pull back to the CR price for a few weeks...... and then she will be off,
I remember the last one at 78c when I think the previous close was 90c?.
They may even release a solid announcement on the Wednesday morning confirming we are in full production to go along with the CR knowing how these guys operate.....
Either way this is good news, and going forward will rocket us, .......Justins wants to get this stuff done now.... which means opportunities are knocking on the door!!
Hey twouI am yet to see a CR or a placement for that matter...
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Mkt cap ! $54.38M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 25.5¢ | 25.0¢ | $6.88K | 27.51K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 11835 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 25.5¢ | 29258 | 2 |
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| Last trade - 10.55am 06/05/2024 (20 minute delay) ? |
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25.5¢ |
Change
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| Last updated 10.57am 06/05/2024 ? | |||||
| E25 (ASX) Chart |