I am a long term holder so have seen many cap raises over the years. I thought we had seen the last of them, but here we are. I do hope that at some stage in the future, we see a share buy back to return value back to shareholders.
I was initially pretty annoyed with this latest cap raise, but do understand that there is a squeeze on rail capacity and also wet weather will impact cash flow. If these mines were online six months earlier, this latest raise may have been avoided.
Next year will hopefully bring blue skies and steady cash flows.
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Last
5.1¢ |
Change
-0.002(3.77%) |
Mkt cap ! $145.2M |
Open | High | Low | Value | Volume |
5.1¢ | 5.2¢ | 4.9¢ | $435.1K | 8.585M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 2035098 | 5.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.1¢ | 591057 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 2035098 | 0.050 |
1 | 100000 | 0.049 |
9 | 719433 | 0.048 |
3 | 146276 | 0.047 |
3 | 92641 | 0.046 |
Price($) | Vol. | No. |
---|---|---|
0.051 | 591057 | 4 |
0.052 | 130000 | 3 |
0.053 | 235033 | 1 |
0.054 | 155000 | 2 |
0.055 | 509812 | 3 |
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