Wheres this info from Xsol?
If true that's a roughly 10% dilution of shares, short term we will most likely see the price return to the 3.6c mark and potentially lower but of course nothing is set in stone in the markets!
A 10% dilution to bring our shares on issue to 1.5b (roughly) in the LONG term is certainly not company breaking! There are a plethora of other companies ( and highly successful) that have far more shares on issue.
So long as the cash generated from this is actually going to be used to develop Mt Lindsay and get the show on the road, then good! Bring on the progress in my opinion.
SP will go down to the CR price before it goes up in my brief experience but in time it will return to true value as projects are developed! Short term traders will have plenty to complain about as per usual fair enough.
Good luck all!
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Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $42.01M |
Open | High | Low | Value | Volume |
1.7¢ | 1.7¢ | 1.7¢ | $22.78K | 1.340M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 3424047 | 1.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.8¢ | 977633 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 3324047 | 0.017 |
17 | 3422250 | 0.016 |
8 | 3907162 | 0.015 |
3 | 1250000 | 0.014 |
5 | 1994067 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.018 | 841347 | 6 |
0.019 | 1315128 | 7 |
0.020 | 1316500 | 5 |
0.021 | 1000000 | 1 |
0.022 | 2608154 | 6 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
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