Well i am not surprised that the offer was only 25% taken up by holders. A $9M shortfall from the $12M sought for the Phoenix drill must be disappointing for management. Message there perhaps from holders?
Where to now though? Surely directors have a contingency for this position.
Will the upcoming current WBEXT drill results be successful and present someone a free carry? Will we see the placement shortfall now be underwritten, & at a lower price, resulting in a bitter taste for holders?
It's hard to be positive, but i'm trying!
Well i am not surprised that the offer was only 25% taken up by...
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Last
14.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $259.4M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 14.5¢ | $151.0K | 1.023M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 1313406 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 1004797 | 12 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| CVN (ASX) Chart |