Although I have usually been quite supportive of the company. Buying shares over the past year or more on each decline to average down from the 36c SPP, I am quite disappointed as this looks to be a cap raise. I could be wrong but we all know one was needed but why now?
The optimistic side of me says it isnt a CR and some other way of providing cash as previously discussed but the team to fund Grandis. Which would be great if this is the
case
SHs who have been buying along the way are in essence trying to hold and prop up a declining stock and I don't think we should be rewarded by a CR and dilute our holdings even more. I trust in the end goal and will continue to hold but lately it hasn't felt like much "groundbreaking" news has been happening.
So Garfus I can relate haha. I don't usually post negative things but there has been far too much copped on the chin to not feel a bit of disappointment
Although I have usually been quite supportive of the company....
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Last
12.0¢ |
Change
0.020(20.0%) |
Mkt cap ! $136.0M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 12.0¢ | 10.5¢ | $191.0K | 1.709M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 175000 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 868451 | 9 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| EXR (ASX) Chart |