Yeah - I'd like us to break away as well, and with advisors that would hold on to their freebies.
But let's just think strategic for a minute .
The sky is not falling .
The 5m CR is fully underwritten.
Now as the sp has reached that level - there will be some who will think they could buy on market .
Good on them . They usually just think about it way too long until it's too late and the CR is closed .
But guess who now gets more rights ? The underwriters.
Anyway - when it's all said and done and price catalysts are delivered - underwriters will want to ride that good news events to pump the price up to capital return .
Hopefully the good news does more than that , as offtakes then finance seems the boxes that more conservative hands want to buy in .
The question is - who is then going to sell as those road blocks are removed ?
What two headlines will 2018 give us ?
1. Expandable flake graphite margins explode into new highs as China supply dries up.
2. Nicanda hill JV to develop Syrah mk 2.0
So at some point the sellers have to be mindful that this just needs the right oxygen and fuel to reach buyer flash point . Ala line wipes
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Last
1.0¢ |
Change
-0.002(16.7%) |
Mkt cap ! $15.68M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 1.0¢ | $5.104K | 510.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 576387 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 1205144 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 576387 | 0.010 |
6 | 1002111 | 0.009 |
3 | 1422863 | 0.008 |
4 | 795619 | 0.007 |
5 | 1216475 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 1205144 | 3 |
0.012 | 1244607 | 8 |
0.013 | 700000 | 3 |
0.014 | 1299399 | 2 |
0.015 | 482500 | 3 |
Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
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