With the offtake agreement and US investors coming on board and if they can raise $20 Mill in this financial market in a short space of time, then i think that 12.5% will disappear pretty quickly. Think of the volume that goes through daily. Does it seem to you that people buying into a CR are doing so to get rid of them for 10% trade?
If it is $$ for just operations and no offtake then I'd be a little more annoyed at the volume. I feel confident it will be more than just a contract for more feedstock. Did we even really get an announcement last time, its was just a passing one liner really. Also as all have said, Hank is not ann MOU, so this will be $$$ attached if it is an offtake, not just a promise between mates. Hank is doing things as a CEO should, no fluff, working his butt off and putting his own $$$ into the company. I wonder if Pegasus will participate this time around? I actually would rather they didn't (but more than happy if they do) then we'd know the US investors are keen and its not just insiders.
Oh and yes the % of dilution is mostly because our SOI is low. So you got in at a great time.
With the offtake agreement and US investors coming on board and...
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Last
38.0¢ |
Change
0.005(1.33%) |
Mkt cap ! $206.1M | |||
| Open | High | Low | Value | Volume |
| 37.5¢ | 39.5¢ | 37.5¢ | $9.649K | 25.39K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 58134 | 37.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 100000 | 1 |
View Market Depth
| Last trade - 15.40pm 14/06/2024 (20 minute delay) ? |
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Last
38.5¢ |
Change
0.005 ( 1.28 %) |
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| Open | High | Low | Volume | ||
| 38.0¢ | 38.5¢ | 38.0¢ | 4005 | ||
| Last updated 15.10pm 14/06/2024 ? | |||||
| 3DA (ASX) Chart |