Its not unusual and was well supported by holders and those on these boards at the time. Need to remember that the SP at the time was circa 4c with a lot less shares on offer. We had a MC of $30m and needed money for exploration. To raise that money via a CR would have been circa 25% dilution. Dilution that would be flowed on to our current situation. Funds for lithium stocks were also not exactly easy to raise in july 2019....
Banter and general comments, page-31599
Add CXO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
9.3¢ |
Change
-0.007(7.00%) |
Mkt cap ! $203.0M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 9.2¢ | $1.933M | 20.26M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 903649 | 9.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.4¢ | 623398 | 10 |
View Market Depth
| Last trade - 13.10pm 09/07/2024 (20 minute delay) ? |
| CXO (ASX) Chart |