I don't think many of these allottees will be stagging their new shares. For a start, they might not get invited next time around. However, there may not be another capital raising. The tried and true model used by our really brilliant directors is to develop a project to the point where it is worth a fabulous amount to a major player with deep pockets, sell to them and distribute the profits to the shareholders. Including lots to them. Very well earned too says I. That's where we may be in 18 months.
Ann: Application for quotation of securities - CHN, page-8
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Last
$1.59 |
Change
0.130(8.93%) |
Mkt cap ! $565.9M | |||
| Open | High | Low | Value | Volume |
| $1.49 | $1.61 | $1.49 | $3.800M | 2.448M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4666 | $1.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.59 | 6809 | 5 |
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| Last trade - 10.25am 15/05/2024 (20 minute delay) ? |
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Last
$1.58 |
Change
0.130 ( 9.41 %) |
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| Open | High | Low | Volume | ||
| $1.49 | $1.61 | $1.49 | 171385 | ||
| Last updated 10.43am 15/05/2024 ? | |||||
| CHN (ASX) Chart |