ASN 4.00% 13.0¢ anson resources limited

Ann: Trading Halt, page-133

  1. 10,296 Posts.
    lightbulb Created with Sketch. 2033
    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.
 
watchlist Created with Sketch. Add ASN (ASX) to my watchlist
(20min delay)
Last
13.0¢
Change
0.005(4.00%)
Mkt cap ! $167.4M
Open High Low Value Volume
12.5¢ 13.5¢ 12.0¢ $436.6K 3.425M

Buyers (Bids)

No. Vol. Price($)
10 430065 13.0¢
 

Sellers (Offers)

Price($) Vol. No.
13.5¢ 1595702 10
View Market Depth
Last trade - 16.10pm 06/05/2024 (20 minute delay) ?
Last
13.5¢
  Change
0.005 ( 8.00 %)
Open High Low Volume
12.0¢ 13.5¢ 12.0¢ 721101
Last updated 15.28pm 06/05/2024 ?
ASN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.