I will give the company the benefit of the doubt. My thoughts below:
1. We only just raised capital at 12.5 cents. By raising more at a higher value should put a new line in the sand in regards to its share price. Could be a good thing/ could be a bad thing. Here's hoping institutional investing comes in and buys it up.
2. Am guessing 29c is the mark in which they will be raising at. That 2 mill dollar buyer isn't there for nothing.
3. A good move from WAF in raising more capital. Hopefully a large institutional investor is coming on board.
4. Snooze till Thursday...
News: WAF West African Resources seeks trading halt, page-5
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Last
$1.50 |
Change
0.070(4.91%) |
Mkt cap ! $1.700B | |||
| Open | High | Low | Value | Volume |
| $1.46 | $1.50 | $1.44 | $8.616M | 5.809M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6766 | $1.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.50 | 6776 | 1 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| WAF (ASX) Chart |