ETM 0.00% 2.0¢ energy transition minerals ltd

A little confused 1) Why do capital raising if you are expecting...

  1. 4,427 Posts.
    lightbulb Created with Sketch. 211
    A little confused

    1) Why do capital raising if you are expecting to announce a substantial resource upgrade

    2) Why do capital raising if you already have enough cash

    3) Why issue 25million new shares to now have 151 million shares. That is a large percentage.

    I hope they did not rush into the issue just because their share price doubled from 10 cents.
 
watchlist Created with Sketch. Add ETM (ASX) to my watchlist
(20min delay)
Last
2.0¢
Change
0.000(0.00%)
Mkt cap ! $28.08M
Open High Low Value Volume
2.1¢ 2.1¢ 1.9¢ $15.15K 757.7K

Buyers (Bids)

No. Vol. Price($)
1 300723 2.0¢
 

Sellers (Offers)

Price($) Vol. No.
2.1¢ 50510 1
View Market Depth
Last trade - 16.10pm 19/07/2024 (20 minute delay) ?
ETM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.