No leaks in relation to the capital raise, which is unusual. Its likely to be a very important announcement as the level of the raise will telegraph and speak volumes for the long term trajectory of this stock. Options are:
1. AUE has found areas outside the current license that are highly prospective, and have agreed to purchase these from XYZ (I consider this to be likely);
2. General and ongoing working capital to drill more and faster (I consider this to be likely);
3. Early setup of a plant (unlikely).
No leaks in relation to the capital raise, which is unusual. Its...
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Last
38.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $44.11M | |||
| Open | High | Low | Value | Volume |
| 37.5¢ | 38.0¢ | 37.5¢ | $75.49K | 200.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 32293 | 37.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 2000 | 1 |
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| Last trade - 12.55pm 17/07/2024 (20 minute delay) ? |
| AUE (ASX) Chart |