The 7 Nov 2011 media release “Cashed up Bass Metals Accelerates Tasmanian Drilling Program” indicated completion of a successful entitlements offer to shareholders of $8.8 million.
Assuming BSM was virtually insolvent prior to this capital raising, then you could punt that its market cap on relisting might be about half of the $8.8m raised, or 1.5c per share. Add a bit of blue sky and we might crack 2.5c (provided no more slippage to relisting date on 9 March).
I’ve been a holder of BSM since 2005, but would be sorely tempted to exit above 2.5c if given the opportunity.
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Last
5.9¢ |
Change
0.006(11.3%) |
Mkt cap ! $12.64M |
Open | High | Low | Value | Volume |
5.7¢ | 5.9¢ | 5.7¢ | $723 | 12.45K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3729 | 5.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.3¢ | 1000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3729 | 0.059 |
2 | 35793 | 0.053 |
1 | 100000 | 0.046 |
1 | 71428 | 0.042 |
1 | 24414 | 0.041 |
Price($) | Vol. | No. |
---|---|---|
0.062 | 2000 | 1 |
0.063 | 1000 | 1 |
0.067 | 27010 | 1 |
0.068 | 10000 | 1 |
0.070 | 35121 | 1 |
Last trade - 15.51pm 30/08/2024 (20 minute delay) ? |
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