$1m CR just complete50m placed at 2c, allocated on Apr 11, so...

$1m CR just complete

50m placed at 2c, allocated on Apr 11, so $1m was only paid up recently.

not a lot but enough to keep them going for a couple of months into drilling + 450k in Dec Qtr

expect another round of small raising before the option expiry of Mar 12, they want that money.

volume increase is sophs dumping, need to soak them up first. they paid 2c but also got options, so selling at 2c is still a good return.

I dont normally buy so close to CR completion as I would like to see the cheap stocks getting soaked up first

but YT jumping the gun on trading thread left me with no choice as I know how quick this one can move with a little publicity.

I have followed this broker, they did some big runs on LOM, PXR & two previous RMR runs

at this level, I think there is money to be made. plenty actually, just need cheap stocks soaked up first & the broker starts doing what they do best