S,
To date capital raisings have been made direct to US institutions. I think this one will be along the same lines and allow the institutions to average down.
I would love to see an opportunity for the retail shareholder to participate but the reality is that it involves underwriters and fees and in fact only 50% of retails shareholders will take up because they are risk adverse.
The capital raising could be used to pay for 15% of the in ground value of the ore that is X DOM and now KCN at Barton.
Supposed to be a small direct shipping ore cap then a useful magnetite deposit.
The shares are a bargain price now so buy more on market !
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Last
2.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $22.42M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | 2.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 80360 | 1 |
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| Last trade - 09.19am 28/07/2025 (20 minute delay) ? |
| IRD (ASX) Chart |
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