The lower the share price, the harder it is for PCL to raise money for the second drill so they will then need to relinquish 10% of the company to WDS instead.Much less dilution for current holders if a raise is done at a higher SP. I dont buy that as I just cant imagine how that sort of conversation would go down at a Woodside board meetings.
General Thoughts, page-3011
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Last
1.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $121.9M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.4¢ | $12.93K | 908.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 9952588 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 5647495 | 7 |
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| Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
| PCL (ASX) Chart |