I agree they will let this run to 20/25c (and it will do so quickly from this point) before they consider a raise, main reason is at 12c+ there will be a flood of option conversions and by Sept 2022 all things being equal we have an additional $20m in the bank.
Now if this thing plays out to the end then it is more likely that we get a big player coming into the picture and putting funds on the table for a piece of the action without the need for a cap raise. You have to remember this site is now significantly de-risked and there absolutely must be some big boys keeping a close watch and ready to pounce for any number of reasons if we have the goods, especially if they decide to block Russian oil and gas sales.
- Forums
- ASX - By Stock
- MAY
- Answers Please
Answers Please, page-7
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MAY (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.1¢ |
Change
-0.002(6.06%) |
Mkt cap ! $107.8M |
Open | High | Low | Value | Volume |
3.4¢ | 3.4¢ | 3.0¢ | $165.0K | 5.194M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 1439331 | 3.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.1¢ | 39999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 1439331 | 0.030 |
8 | 923671 | 0.029 |
4 | 3108572 | 0.028 |
5 | 1089148 | 0.027 |
5 | 365071 | 0.026 |
Price($) | Vol. | No. |
---|---|---|
0.031 | 39999 | 1 |
0.032 | 100000 | 1 |
0.033 | 70000 | 1 |
0.034 | 371756 | 1 |
0.035 | 150000 | 1 |
Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
Featured News
MAY (ASX) Chart |
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
SPONSORED BY The Market Online