Exactly. I suggested a cap raising a little while ago and members shot me down like a tonne of bricks. It costs money to drill, to fast track activities and why not raise whilst we are hitting new highs? I see it as a safeguard to maintain future activities for the next 1-2 years.
If the company raised on a share market pull back, what would you say then?
I am all for this raise if it means we are moving onward and upwards. Funded for the next few years for ~ $30M cash at bank. Sounds mouth watering...
Remember to keep it real.
Ann: Trading Halt, page-71
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Last
16.5¢ |
Change
0.015(10.0%) |
Mkt cap ! $197.4M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.5¢ | 15.0¢ | $401.9K | 2.524M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 496868 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 245753 | 8 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| EXR (ASX) Chart |