SVY stavely minerals limited

I wander what is the rationale for the cap raise right now.They...

  1. 433 Posts.
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    I wander what is the rationale for the cap raise right now.
    They are drilling to find new high grade copper and this should bring higher share price if successful right? So doing it soon after they started drilling brings no confidence in their work really, at least for me, and have to start pending towards swingingpig on this one.
    Another NML wipeout for me run while we can.
 
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(20min delay)
Last
1.7¢
Change
0.000(0.00%)
Mkt cap ! $9.248M
Open High Low Value Volume
1.7¢ 1.7¢ 1.7¢ $16.46K 968.7K

Buyers (Bids)

No. Vol. Price($)
3 296496 1.7¢
 

Sellers (Offers)

Price($) Vol. No.
1.8¢ 250000 1
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Last trade - 14.12pm 29/07/2025 (20 minute delay) ?
SVY (ASX) Chart
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