you raised a valid point although its only one director and not all of them...likely I imagine it was to meet a previous commitment they personally saw a good buying opportunity. why didnt all the directors buy then?
all I have been saying is that cash is cash and they'll need it to continue the final parts of permitting, investment decision and I saw with Syrah resources that the us gov needed balance sheet stability to progress gov loan
you just need to look beyond this...I'm not syaing sell or anything im saying as a shareholder i feel directoes would want to avoid less then 1.5 quarters of fudning (directors duties to avoid trading insolvent etc etc) so a cap raise is likely...unless they have positive news to announce with it i unfortunately seeing this go back to $0.12-0.14
please bring forward your comments, happy to discuss
just my opinion and no investment advice
you raised a valid point although its only one director and not...
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Last
15.5¢ |
Change
-0.005(3.13%) |
Mkt cap ! $360.4M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.3¢ | 15.0¢ | $761.2K | 4.902M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 180000 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 345533 | 5 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
15.3¢ |
Change
-0.005 ( 5.63 %) |
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| Open | High | Low | Volume | ||
| 16.3¢ | 16.3¢ | 15.0¢ | 2167890 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| INR (ASX) Chart |