Well here it is as i see it. Great projects. Raised capital when others could not.
But they have torched their professional investors in the cap raising so they will be hard pressed to go back for more. Got a serious cash burn on drilling because they a spreading it over 2 to 3 projects and numerous targets. They got a truck load of shares on issue so its needing a recon. Their best bet will be to recon the stock and give existing shareholders a rights entitlement. Gets more cash.
They need to tell shareholders when the nickel project is starting production.
Am I wrong. If the answer is yes then I ask you to take a look at the share price capitulation.
- Forums
- ASX - By Stock
- Jack of all trades
Well here it is as i see it. Great projects. Raised capital when...
-
- There are more pages in this discussion • 24 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 RXL (ASX) to my watchlist
|
|||||
Last
13.5¢ |
Change
-0.003(1.82%) |
Mkt cap ! $54.95M |
Open | High | Low | Value | Volume |
14.0¢ | 14.0¢ | 13.5¢ | $88.74K | 649.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 99999 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 710323 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 246160 | 0.130 |
3 | 123518 | 0.125 |
1 | 5000 | 0.120 |
1 | 8704 | 0.115 |
2 | 105909 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 710323 | 4 |
0.145 | 323682 | 5 |
0.150 | 31585 | 5 |
0.155 | 50000 | 1 |
0.160 | 76240 | 1 |
Last trade - 15.46pm 21/06/2024 (20 minute delay) ? |
Featured News
RXL (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online