A capital raising now suggests that they are not as confident in the success as people thought. Is a CR required right at this time? I was under the impression there was still at least $20-$25 million in the bank. Once the resources are proven, finance will be available by the supposed 'interested parties' we have been continuously told about, or by other financial institutions.
Issuing more shares will just cap the sp on the cusp of potentially company making results.
Very disappointed tbh. I was hoping to buy back in this week.
A capital raising now suggests that they are not as confident in...
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Last
5.3¢ |
Change
-0.002(3.64%) |
Mkt cap ! $39.49M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.5¢ | 5.3¢ | $83.26K | 1.516M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 234750 | 5.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 340510 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| CTP (ASX) Chart |