I am very happy to see management is raising $1m by SPP instead of from institutional CR. I am not sure if the management has read my post or they came up with this by their own but either way I am happy.
This SPP will definitely provide management enough time to deal with the sale process while keeping the lights on.
Also expecting a second bid to drop any time given that the all planned site visits are now completed. A second bid for the project might create a bidding war which will be highly beneficial for share price.
My target share price at this stage is $1 or above and I am holding tight until we have finalised the sale.
AIMO.
Ann: Underground Mining Activity Permit Extended at Sturec, page-37
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Last
24.5¢ |
Change
0.020(8.89%) |
Mkt cap ! $48.00M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 24.5¢ | 22.5¢ | $21.16K | 87.48K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12765 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.5¢ | 87140 | 3 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| MTC (ASX) Chart |