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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Mkt cap ! $80.55M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.3¢ | 12.0¢ | $14.38K | 119.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 172126 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 114091 | 3 |
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| Last trade - 14.52pm 03/06/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 12.0¢ | 12.5¢ | 12.0¢ | 149728 | ||
| Last updated 15.38pm 03/06/2024 ? | |||||
| WKT (ASX) Chart |