Angk 43 wrote "make no mistake, IFE needs all the OP money they can get and then some. I wouldn't be holding my breathe on debt finance at all. We may even see a cap raising shortly after the op to cover any short fall."
I don't know how you can say that with such assurance. Sure, the company needs a bunch of money to get through to production but none of the signals I am reading indicate that the only source is from the oppies. Nor do I see a further cap raising as likely - largely because the company has exhausted its right to issue further shares without calling a special general meeting for approval and that would just look desperate. The SP seems to be holding at 80'ish without any obvious propping up and certainly there is not a flood of sellers. The directors are just not acting as though it matters to them whether the options are exercised or not....which is probably a signal to option holders that they should exercise - not to loyaly support the company but because it is a good investment .
I have gone from frustrated to intrigued !
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Last
0.7¢ |
Change
-0.001(12.5%) |
Mkt cap ! $26.30M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.7¢ | $14.2K | 1.957M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 4454662 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.007 |
6 | 2186182 | 0.006 |
9 | 2027095 | 0.005 |
5 | 1800000 | 0.004 |
3 | 960000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 4454662 | 11 |
0.009 | 6619262 | 12 |
0.010 | 2020782 | 8 |
0.011 | 9571600 | 9 |
0.012 | 4120877 | 6 |
Last trade - 11.27am 11/07/2024 (20 minute delay) ? |
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I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
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