Yesterday's announcement was great, it was a risk on my radar, gladly removed.
I don't mind a delay an any finance deals until the second half of the year, as things stand, we would cop about 50% dilution if we had to raise around the US$100 million we need in new equity at these prices, the rest of the CAPEX from debt
I want the SP to be a lot higher before any finance deals.
I bet BBB is aware of this, unless the brokers take the hand brakes off, I'm also not sure if this will happen, not sure what news will take this to $1, so we might be stuck with higher dilution than we would like. Will be interesting over the next 6 months, and I still wonder if some off taker has botted this down to now say I'll give you $100 mill for half of your company, who knows.
I will only sell my shares in 2026 at full production.
- Forums
- ASX - By Stock
- ASN
- ASN General Discussion
ASN General Discussion, page-7050
-
- There are more pages in this discussion • 13,525 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 ASN (ASX) to my watchlist
|
|||||
Last
12.5¢ |
Change
0.005(4.17%) |
Mkt cap ! $161.3M |
Open | High | Low | Value | Volume |
12.5¢ | 13.0¢ | 12.5¢ | $80.68K | 644.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 51818 | 12.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.0¢ | 418240 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 51818 | 0.125 |
9 | 730058 | 0.120 |
8 | 2486070 | 0.115 |
8 | 742383 | 0.110 |
12 | 831559 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.130 | 418240 | 8 |
0.135 | 446973 | 7 |
0.140 | 614962 | 7 |
0.145 | 115333 | 3 |
0.150 | 486863 | 5 |
Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
Featured News
ASN (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & MD
Charles Armstrong
CEO & MD
Previous Video
Next Video
SPONSORED BY The Market Online