An article from The Bull (dated 2 yrs ago but pertinent examples to CR's IMO) offering balanced views, examples and possible impacts / outcomes of CR's for anyone interested.
Frustrating at times when I see the mkt quite often view CR's as a negative in most cases and yes, sadly the mkt quite often reacts this way on the SP. It may be so when, as the Bull states, it is primarily debt reduction & corresponding dilution, but when viewing it more in line with funding growth etc, maybe we should see it as a positive?
From what I can see, the Co. appears to be debt free so any CR would be ongoing investment in getting the product commercialised I would have thought?
http://www.thebull.com.au/articles/a/29956-does-capital-raising-sound-the-bell-to-sell.html
- Forums
- ASX - By Stock
- CR coming before big pharma??
An article from The Bull (dated 2 yrs ago but pertinent examples...
-
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BIT (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.2¢ |
Change
0.001(4.76%) |
Mkt cap ! $19.85M |
Open | High | Low | Value | Volume |
2.1¢ | 2.2¢ | 2.1¢ | $23.85K | 1.129M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 155000 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.2¢ | 983781 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 155000 | 0.020 |
12 | 2598963 | 0.019 |
10 | 1719636 | 0.018 |
7 | 2103408 | 0.017 |
13 | 1691225 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 983781 | 4 |
0.023 | 1449422 | 4 |
0.024 | 112849 | 1 |
0.025 | 173000 | 2 |
0.027 | 169508 | 3 |
Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
Featured News
NEWS
Deep drilling at Mulga Bill confirms gold to 500m depth, indicating further exploration potential
BM8
Learn of the ASX-listed company that is well-placed to respond to the future global energy demand
BIT (ASX) Chart |
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online