I love your selective posting and exaggeration. At least you are honest regarding your intentions.
"The rise is unremarkable if you look at the chart." I mean how far back? In Feb 2017 (15p) or further back in Feb 2017 (1.63p) or at listing of 10p? Or just at the all time high?
I suggest that most people would look at the quantum of the excellent drilling results released yesterday that contributed to the gain, but whatever suits your agenda!
As for a money sinking liability, IRR still have cash and DGR are in no way obligated to fund them.
Just a reminder to all that DGR created and floated IRR for 10p at a historical cost of $1.1m AUD at the time of listing. They have participated in a further raising at 35p in 2017 bringing their all in cost to under $5m AUD.
Although currently 35p seems on the high side, DGR essentially funded it by placing CN's to Tribeca at 20c.
DGR's investment alone in IRR is currently worth ~$25m AUD.
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1.5¢ |
Change
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Mkt cap ! $15.65M |
Open | High | Low | Value | Volume |
1.5¢ | 1.5¢ | 1.5¢ | $3K | 199.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 584701 | 1.4¢ |
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Price($) | Vol. | No. |
---|---|---|
1.6¢ | 847064 | 2 |
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No. | Vol. | Price($) |
---|---|---|
3 | 584701 | 0.014 |
5 | 1183325 | 0.013 |
2 | 374999 | 0.012 |
2 | 291818 | 0.011 |
4 | 510099 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 847064 | 2 |
0.018 | 550000 | 1 |
0.019 | 1090240 | 2 |
0.020 | 1532270 | 2 |
0.025 | 32000 | 1 |
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