Need at least $20m to cover the drilling for this.
Yes we get diluted but that only hurts you if you wanted to sell next week. And even then it might not hurt.
Consider this, they are likely to raise $30m ish... The market cap of the company in November was the same. I'll take 15% over 50% thank you
Ann: Trading Halt, page-38
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Last
37.5¢ |
Change
-0.005(1.32%) |
Mkt cap ! $64.47M | |||
| Open | High | Low | Value | Volume |
| 38.0¢ | 39.0¢ | 37.5¢ | $71.51K | 187.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 42755 | 37.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.0¢ | 52103 | 1 |
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| Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
| CNB (ASX) Chart |