Imo, the price isn't nearly high enough to get a hit to the downside upon funding announcement. I'd still expect double from here on an awful deal. Remember there will be fully funded exploration on other projects that are also in play. Not just a ~$270m npv graphite play with expansion potential.
Ann: Update on Funding Activities & Graphite Market Conditions, page-54
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Last
12.5¢ |
Change
0.005(4.17%) |
Mkt cap ! $83.90M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 12.3¢ | $63.33K | 507.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 143748 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 356866 | 7 |
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| Last trade - 14.19pm 21/05/2024 (20 minute delay) ? |
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Last
12.5¢ |
Change
0.005 ( 4.17 %) |
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| Open | High | Low | Volume | ||
| 12.3¢ | 12.5¢ | 12.0¢ | 333355 | ||
| Last updated 14.29pm 21/05/2024 ? | |||||
| WKT (ASX) Chart |