@Thebigonion
I suppose we will all be buying now, should see buy side increase at these prices.
To forecast a CR via management words, quarterly activity reports with no $$$$ etc etc, ensures a sell down & opportunity to manipulate SP lower ….. none of that is to the benefit of current SHs. So very amateur and BOD will need to respond.
Option 1: do a mini CR awaiting news, however this probably won’t work, it will consign SP to lows.
Option 2: do a full CR to fund full drill campaign ….. brutal for current SHs
Option 3: cornerstone investor wanting to see production, probably best of bad bunch…. But I doubt this will happen.
Option 4: drop additional announcements during TA and raise at premium, unlikely …. Very unlikely
Option 5: use current SHs to raise, can’t see it happening…. Too hard.
Option 6: combo of 1 & 5
I am tipping 1 or 6. Would like 4 tho!
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.123M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $4.039K | 1.009M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 5269928 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 6664063 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 4269928 | 0.003 |
23 | 16710500 | 0.002 |
18 | 45300702 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 6664063 | 14 |
0.005 | 4723155 | 8 |
0.006 | 1704400 | 3 |
0.007 | 3478571 | 5 |
0.008 | 1000000 | 1 |
Last trade - 10.09am 23/08/2024 (20 minute delay) ? |
SMM (ASX) Chart |
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