They need a real justification in doing this or the SP will bleed 10, 20 or 30%.
Unless it is an out of the blue surprise, this makes no sense to raise a few million here or there if you have a fully funded production increase plan.
Obviously, it is best to take it positively. But I think they are short of infrastructure and need to build up more. The 120 million was for the production/ well investment not for distributing or connecting the capacity
Ann: Trading Halt, page-46
-
- There are more pages in this discussion • 246 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add QPM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.3¢ |
Change
-0.001(2.94%) |
Mkt cap ! $83.18M | |||
| Open | High | Low | Value | Volume |
| 3.4¢ | 3.5¢ | 3.3¢ | $43.42K | 1.277M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 674584 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 68787 | 2 |
View Market Depth
| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| QPM (ASX) Chart |