Very tell-tale signs indeed, this Co doesn't wait until they completely run out of money before they raise. The timing of the raise is interesting however, I would have assumed it would coincide with Brunswick results (it still might), but it looks like Kaolin is the retail cherry at the moment.
Standard VWAP with 10-15% discount should she the raise in the high 4's, that is unless there is 'something' that the underwriters like that might see a raise 5c+...
If they are serious about the Kaolin, then my guess is $5m @ 4.8c which will be around 100m shares added to the 180m(ish) we have at the moment.
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Mkt cap ! $5.351M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
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1 | 124869 | 1.1¢ |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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1 | 124869 | 0.011 |
10 | 732787 | 0.010 |
11 | 3511484 | 0.009 |
11 | 2156000 | 0.008 |
6 | 5937523 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 1724938 | 4 |
0.013 | 879000 | 3 |
0.014 | 164046 | 2 |
0.015 | 1047815 | 4 |
0.018 | 709226 | 1 |
Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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