ASN 0.00% 10.5¢ anson resources limited

I agree Chris2184 Most of us were of the opinion that this stock...

  1. 10,274 Posts.
    lightbulb Created with Sketch. 2027
    I agree Chris2184
    Most of us were of the opinion that this stock was going to keep going up, but as you say traders are all over this stock.
    Then there was that barrier of investors knowing that money was going to be needed for drilling Paradox and Bull.
    My experience with other stocks, is that when management waits in the hope of raising capital at a higher price, it fails and they end up raising at a lower price due to traders and investors knowing that capital is going to be needed.
    With all this capital now coming in, there is nothing to stop the share price from rallying, and it will be because capital has been secured for what matters to investors.
    The share price may rise quite hard, and you will get holder saying, see they could have raised at a higher price, but could have they raised at a higher price with the need for capital being needed to be raised.
    I'm very happy with the way things are turning out, would not be surprised in seeing 15 cents very quickly on capital being secured in the company bank accounts.
 
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Last
10.5¢
Change
0.000(0.00%)
Mkt cap ! $135.2M
Open High Low Value Volume
10.5¢ 11.0¢ 10.0¢ $381.1K 3.743M

Buyers (Bids)

No. Vol. Price($)
8 545227 10.0¢
 

Sellers (Offers)

Price($) Vol. No.
10.5¢ 345234 4
View Market Depth
Last trade - 16.10pm 26/04/2024 (20 minute delay) ?
Last
10.3¢
  Change
0.000 ( 2.38 %)
Open High Low Volume
10.5¢ 10.5¢ 10.0¢ 2679117
Last updated 15.45pm 26/04/2024 ?
ASN (ASX) Chart
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