"Stockbrokers Aitken Mount Capital Partners and Sternship Advisers are set to kick off the raising on Tuesday evening. Sources said proceeds will be used to fund an acquisition.
Boss Energy shares closed at $4.15 apiece and have more than doubled year-to-date.
It seems to be firing on all cylinders. First, its flagship South Australian mine, Honeymoon, is on track (and on budget) to produce uranium by year-end. Second, the production has coincided with a strong rally in uranium prices, which hit a 15-year high late last month. And lastly, S&P recently rewarded it with an admission to the ASX 200 ranks, effective December 18, which should put in on the radar of large cap investors as well as bigger passive funds.
Honeymoon has turned around Boss Energy’s fortunes after nearly eight years of work. It paid less than $15 million to buy Honeymoon from Uranium One
Australia in 2015."
New Acquisition, page-2
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Last
$5.78 |
Change
0.220(3.96%) |
Mkt cap ! $2.362B | |||
| Open | High | Low | Value | Volume |
| $5.67 | $5.80 | $5.63 | $15.24M | 2.669M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7041 | $5.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.78 | 28624 | 5 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
$5.78 |
Change
0.220 ( 4.48 %) |
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| Open | High | Low | Volume | ||
| $5.65 | $5.80 | $5.63 | 469566 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| BOE (ASX) Chart |