AW1 7.69% 14.0¢ american west metals limited

Ann: Trading Halt, page-27

  1. 2,455 Posts.
    lightbulb Created with Sketch. 1053
    This is odd....

    They raised 3 weeks ago to institutions, and so raising so far after means that you're really going to piss them off.

    As a result, how to avoid pissing them off?
    a) you've found something in the last month that really needs heavy spend but will sure up value
    c) you raise at a premium

    I'd be surprised if instos on the book knew this was coming... I could assume that this is why the price slipped back from 20c, but it's surprising.

    A LOT of cash needed to get diamonds in here so I WANT there to be material news to back this up. Massive management failing to do this now instead of after growth of value over a couple of months, without significant cause. There's benefit in more rigs before the snows come in a few months

    Would love anyone with broker access to share details
    Last edited by HeliosUK: 11/07/23
 
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Last
14.0¢
Change
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Mkt cap ! $72.47M
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13.0¢ 14.0¢ 13.0¢ $175.3K 1.321M

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1 9700 13.5¢
 

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Price($) Vol. No.
14.0¢ 1019912 8
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Last trade - 15.29pm 07/06/2024 (20 minute delay) ?
Last
13.5¢
  Change
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