Pgamgle yep some were issued at 3c, some at about 2.2c so the average was 2.53c, hence probably why we saw the sell down to 2.2c last week. one thing that is for certain is we are no longer seeing the selling bot, ever since the capital was raised. Funny that!
When the quarterly is released tomorrow it will probably show a very low cash bbalance, obviously not taking into account the cap raise.
Hopefully the next quarterly will be showing significant cash inflow for the first time, from iron ore sales.
CDB Price at posting:
3.0¢ Sentiment: Buy Disclosure: Held