forgot to add...
Hearing the demand from investment groups was strong and over the $80M offered, so potentially onscreen buying later. wildcat now with its market cap can attract investment funds who can invest in plus $500M cap companies, plus there funding situation is no longer a risk, they have great news flow thus far and much much more news flow to come with the drilling campaign (dont forget this isnt infill drilling yet, they have yet to define the limits of the deposit, so a lot of this is step out drilling).
further down the road wildcat will get into the ASX200/300 index due to its market cap and liquidity, which will then trigger index fund buying!!!
IMO the company wont need another raise before a TO price comes along!!!!
i've put these in the bottom drawer now the drilling is showing what is in the ground.....wait for the valuation bit like AZS has done to come to fruition.
capital raising, page-26
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Last
56.0¢ |
Change
-0.005(0.88%) |
Mkt cap ! $675.6M | |||
| Open | High | Low | Value | Volume |
| 58.0¢ | 58.0¢ | 55.0¢ | $2.174M | 3.866M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 57010 | 55.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 57.0¢ | 343247 | 3 |
View Market Depth
| Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
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Last
56.3¢ |
Change
-0.005 ( 1.28 %) |
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| Open | High | Low | Volume | ||
| 57.5¢ | 58.0¢ | 55.0¢ | 774011 | ||
| Last updated 15.59pm 15/05/2024 ? | |||||
| WC8 (ASX) Chart |