we just did a cap raise buddy. New shares issued were dumped for $$$. That’s how the broker got paid, because well we can’t pay cash to raise cash right? So we issue more stock, that stock is dumped quickly for liquid cash so the broker can punch their cheque, feed their mouths and move on,
Capital raise arrangers are not in the business of holding stock in speculative miners, not matter how good the prospects may be.
AZL General Discussion, page-20183
Add AZL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.5¢ |
Change
-0.001(6.25%) |
Mkt cap ! $71.58M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.5¢ | $49.08K | 3.068M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 74 | 13337787 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 11652995 | 13 |
View Market Depth
| Last trade - 12.53pm 20/08/2024 (20 minute delay) ? |
| AZL (ASX) Chart |