No, $2 million is what was necessary. $3 million would suffice without having an underwriter, $10 million is comfortable & above requirements.
Remember it is expected AEM, Eagle etc are expected to be cash flow positive & raising additional funds beyond what is required increases the number of shares on issue which is not ideal.
No, $2 million is what was necessary. $3 million would suffice...
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SMN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
73.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $100.9M | |||
| Open | High | Low | Value | Volume |
| 74.5¢ | 74.5¢ | 70.0¢ | $143.0K | 198.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7000 | 71.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 73.5¢ | 4652 | 1 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| SMN (ASX) Chart |