Really disappointed with the state of play here. I looked up the last 100M CR, IMO after successful share placement notification there were 3 major announcement - 1st DSO shipment, drilling results and Primero contract award. The SP we all know went from $1 to ATH.
This capital raise has $20M SPP component so according to timetable will complete by mid-Sept. I think the SPP can close earlier if there is strong SH interest. Once that is done, we can expect some significant announcement - Next spodumene shipment, firn update, drilling results, BP33 contract award and most importantly DMS recovery update. I also think Carlton may double in resource exceeding BP33 (will see how my 1st prediction works lol)
There is also significant increase in short % for 17/8 (32.5M) and 18/8 (11.8M). Overall short position could reach well in excess of 244M ie ~13%. Remember all these need to be bought on market assuming none were taken in recent capital raise.
Its a bottom draw hold for me....
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Last
14.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $309.8M |
Open | High | Low | Value | Volume |
14.0¢ | 14.5¢ | 14.0¢ | $491.1K | 3.418M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
128 | 3617436 | 14.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.5¢ | 449796 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
128 | 3617436 | 0.140 |
74 | 3710552 | 0.135 |
59 | 2745214 | 0.130 |
26 | 988437 | 0.125 |
36 | 1053381 | 0.120 |
Price($) | Vol. | No. |
---|---|---|
0.145 | 449796 | 14 |
0.150 | 3053088 | 37 |
0.155 | 3084914 | 46 |
0.160 | 3602121 | 46 |
0.165 | 1281610 | 40 |
Last trade - 16.10pm 01/05/2024 (20 minute delay) ? |
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Last
14.3¢ |
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Change
0.000 ( 0.77 %) |
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Open | High | Low | Volume | ||
14.5¢ | 14.5¢ | 14.0¢ | 2944881 | ||
Last updated 15.59pm 01/05/2024 ? |
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