I get that’s the perception but it’s not a rule. Far from it. I’ve participated in the last few raises and not sold a single share. I’m interested in helping fund the company and giving them cash rather than some punter on market.
I ran an analysis a while back that envisaged a raise of $10m and adding 600koz which resulted in a very low per ounce valuation.
This raise and resource update will result in higher valuation (and SP) if we assume we’re being adequately valued by the market.
I get that’s the perception but it’s not a rule. Far from it....
-
- There are more pages in this discussion • 11 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 FFM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
75.0¢ |
Change
-0.025(3.23%) |
Mkt cap ! $360.5M | |||
| Open | High | Low | Value | Volume |
| 77.0¢ | 77.0¢ | 75.0¢ | $890.5K | 1.177M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4026 | 74.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 77.0¢ | 40143 | 2 |
View Market Depth
| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| FFM (ASX) Chart |