Hey GG
Lodge Partners were the principal brokers for the the CR, so it's not unusual to write a report like this. I did however find it pretty in depth and quite balanced. Initially I thought that the cap raising was pretty poor form, but actually it wasn't at such a massive discount from the VWAP and actually the stock had overheated a fair bit and risen massively over the past year. The other point I think to keep in the mind is that it wasn't a large dilution and they are clearly aiming to ramp up their business, so if this helps accelerate their profit then I am behind the decision.
The action today and last night on the Daq shows that this stock has a lot of interest and could absolutely fly past it's recent high. We'll see though
Cheers
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- lodge partners report dated 4th july ???
lodge partners report dated 4th july ???, page-3
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4.2¢ |
Change
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Mkt cap ! $6.107M |
Open | High | Low | Value | Volume |
4.1¢ | 4.5¢ | 4.1¢ | $6.76K | 154.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 47499 | 4.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.5¢ | 153972 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 47499 | 0.042 |
1 | 2500 | 0.040 |
2 | 295000 | 0.038 |
3 | 74000 | 0.037 |
3 | 49152 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.045 | 153972 | 2 |
0.059 | 35590 | 1 |
0.060 | 50006 | 2 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
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