Yep. A good result in my view. Although some shareholders might have liked a chance to buy in at a discounted rate DRE is still a very good buy despite the dilution. We all knew they needed cash and that fact was built into the share price. This was a fast and effective CR and it leaves them cashed up to do the drilling they ned to do.
DRE has shown how careful they are with their cash, and how efficiently they use it in exploration.
Anchors aweigh!
Cheers
Dave
Ann: Yilgarn Programs Funded Following Oversubscribed Placement, page-3
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Last
1.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $70.92M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 1.9¢ | 1.8¢ | $12.89K | 699.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 1446676 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 411773 | 9 |
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| Last trade - 12.16pm 26/08/2024 (20 minute delay) ? |
| DRE (ASX) Chart |