I rate that one also, without that $15 million we were not a serious company. As I said earlier DC was paid in shares for a while before that because we had no cash, maybe a couple of million tops. The $15 million was needed to define the resource and get the DFS done from memory. A bit maybe spent on the gold thing, can’t remember the exact timelines without looking back.
I don’t imagine you were saying that was a bad thing. Once again DC took the opportunity when it arose. 6 months earlier we were around a cent.
On a side note, If we do see a bit of selling, I imagine only it is only partly those raising cash for converting the options and the bastard instos selling into it to lower the share price before their next accumulation phase. I don’t see the sophs who took part in the CR selling as they would not be making any cash and would defeat the purpose of taking part in the first place. They (instos) love a good tree shake every now and then and I’m sure they get plenty of the nervous money each time.
- Forums
- ASX - By Stock
- General Discussions
I rate that one also, without that $15 million we were not a...
-
- There are more pages in this discussion • 13,811 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RNU (ASX) to my watchlist
|
|||||
Last
9.8¢ |
Change
0.001(1.03%) |
Mkt cap ! $249.0M |
Open | High | Low | Value | Volume |
9.8¢ | 9.8¢ | 9.5¢ | $405.2K | 4.207M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 173756 | 9.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.8¢ | 174286 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 173756 | 0.094 |
4 | 239811 | 0.093 |
4 | 160001 | 0.092 |
2 | 123136 | 0.091 |
10 | 157778 | 0.090 |
Price($) | Vol. | No. |
---|---|---|
0.098 | 174286 | 2 |
0.099 | 95000 | 2 |
0.100 | 220000 | 3 |
0.105 | 1261789 | 22 |
0.110 | 970565 | 15 |
Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
Featured News
RNU (ASX) Chart |