Yes, 2021.
Yes, that's why there is a big block on offer at 1.7c. The objective is to keep the price below the rights issue price until, say, early September when the VWAP formula will come into play. After that there will be upward pressure because let's face it the company's capital raising program has a gaping hole in it and so another rights issue is essential.
You know, in the last 10 years Kogi Iron has raised almost $60m and spent just about all of it - to achieve what? A market cap of $12m. Do you or any other shareholders - other than Kev and his acolytes - have any reason to believe management can turn it around?
Yes, 2021.Yes, that's why there is a big block on offer at 1.7c....
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3.9¢ |
Change
0.002(5.41%) |
Mkt cap ! $133.1M | |||
| Open | High | Low | Value | Volume |
| 3.8¢ | 3.9¢ | 3.7¢ | $173.7K | 4.557M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 260000 | 3.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.0¢ | 1537086 | 7 |
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