ARL
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1.10% 45.0¢ ardea resources limited

Niclou, have you looked at Conico's balance sheet? Why do you...

  1. PamplonaTrader
    613 Posts.
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    16/02/17
    14:24
    Post #: 22669895
    Niclou, have you looked at Conico's balance sheet? Why do you think no-one wants to buy their stock?

    They have just 300k left in the treasury as of their last quarterly report. They also have an overhang of 58.6M options exerciseable at 3c. Who is going to finance ATM? Any financing will be done at a deep discount to current price and will be horribly dilutive.
    ARL Price at posting: 30.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Last
45.0¢ 		Change
-0.005(1.10%) 		Mkt cap ! $89.85M
Open High Low Value Volume
45.5¢ 45.5¢ 45.0¢ $7.063K 15.57K

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No. Vol. Price($)
3 32473 45.0¢
 

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Price($) Vol. No.
49.0¢ 4680 1
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Last trade - 15.28pm 30/07/2024 (20 minute delay) ?
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