My question still is, in a likely scenario that we discover oil on 1st drill, why cant a cap raise be done at new share price to fund 2nd drill. I.e @ $1 we only need around 20 mill new shares. @50 cents 40 mill.
25 cents 80 mill. Miniscule new shares.
Guess its going to come down to how much on 1st drill and how big the board can dream.
Pel 87 could be a company maker for our minnow imo
kindly prove me wrong![]()
- Forums
- ASX - By Stock
- General Thoughts
My question still is, in a likely scenario that we discover oil...
-
- There are more pages in this discussion • 930 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 PCL (ASX) to my watchlist
|
|||||
Last
1.6¢ |
Change
-0.001(5.88%) |
Mkt cap ! $130.1M |
Open | High | Low | Value | Volume |
1.7¢ | 1.7¢ | 1.6¢ | $214.9K | 13.19M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 8053329 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 2093428 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 8053329 | 0.016 |
28 | 8393440 | 0.015 |
25 | 16346711 | 0.014 |
17 | 8754615 | 0.013 |
10 | 8688582 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 740000 | 1 |
0.018 | 5859048 | 8 |
0.019 | 4122332 | 12 |
0.020 | 2124632 | 9 |
0.021 | 7050000 | 5 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
PCL (ASX) Chart |
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online