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.
The lower the share price, the harder it is for PCL to raise...
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Last
2.3¢ |
Change
-0.002(8.00%) |
Mkt cap ! $185.5M | |||
| Open | High | Low | Value | Volume |
| 2.4¢ | 2.4¢ | 2.2¢ | $560.3K | 24.08M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1050000 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 5040590 | 9 |
View Market Depth
| Last trade - 12.30pm 02/05/2024 (20 minute delay) ? |
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Last
2.3¢ |
Change
-0.002 ( 6.12 %) |
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| Open | High | Low | Volume | ||
| 2.4¢ | 2.4¢ | 2.2¢ | 19237399 | ||
| Last updated 12.31pm 02/05/2024 ? | |||||
| PCL (ASX) Chart |