Yes its not really a trading stock, well its a slo-mo one if it is, but the cap raising will have added a tad to the liquidity (which is another upside of raising cash for the drilling).
So does someone know something? The run today to new recent highs is showing a massive degree of confidence about what is about to be unearthed. The behaviour of management, firstly employing a full time Geo just to oversee the project and secondly jumping straight into it on the back of promising ground imaging certainly instills confidence!!
Someone wants in and didn't want to wait. Could be the new Geo, the drillers or just someone bullish on the project who can see waiting to perhaps pay five or ten percent less to get a stake wasn't worth messing around to do...
General Discussion, page-2
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Last
13.0¢ |
Change
-0.010(7.14%) |
Mkt cap ! $61.83M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 13.0¢ | $177.3K | 1.225M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 253100 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 63973 | 1 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| DEV (ASX) Chart |