Exactly. This is a positive for me why?
- They are raising soon after SP reaching an all time high, meaning they are minimising dilution but we will soon find out exactly the amount and price.
- We all know they were short on cash and if they were not, then this would definitely look bad. Management would want to start drilling as soon as sample results are out next week, this reduces delays in finding drilling contractors and importantly - they have a good indication of what value lies in the ground!!!!
DYOR
Ann: Trading Halt, page-42
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Last
29.0¢ |
Change
0.040(16.0%) |
Mkt cap ! $18.04M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 30.0¢ | 25.0¢ | $578.4K | 2.139M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 36331 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 12000 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| SUM (ASX) Chart |