My thoughts could be that because cash is getting low and it was generally expected we would raise within the next 6 months potentially management have decided to raise now rather than after PEA in the hopes that when we have our run of news flow over the next 6-8 months (Uprade, PEA, DFS, offtakes), we have a lot more room to run, as investors getting in won’t have to worry about a raise for some time. Could be a bunch of cope but who knows.
My thoughts could be that because cash is getting low and it was...
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Last
16.5¢ |
Change
0.010(6.45%) |
Mkt cap ! $461.9M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.5¢ | 15.5¢ | $686.6K | 4.231M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 261000 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 1003370 | 16 |
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| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| LRS (ASX) Chart |