in my view it is virtually impossible to do a raising in this market at a premium, i highly doubt that they could achieve that.
i would hope for a result around market given that this raising has been flagged as coming or around the corner for a long time now and one of the reasons the price is probably where it is...
i think this raising out of the way maybe the stock will be able to reflect the significant progress the company has made this year...
with the company approaching a resource of hopefully close to 10bln tonnes of coal that is globally significant and worth a lot more than 50m in mkt cap
local media attention, page-26
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.399M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.5¢ | $22.29K | 4.132M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 3139012 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 967023 | 3 |
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| Last trade - 14.48pm 15/11/2024 (20 minute delay) ? |
| ALM (ASX) Chart |