What would be so bad about a large capital raising?
Yes, it would increase the number of shares and dilute any future profits, on the other hand it would me would could keep a large percent of our acerage and any future profits.
I think that most people invested in this company because of the undervalued potential of its quality acerage. Small companies with little money never get to take part in the big profitable projects.
What would be so bad about a large capital raising?Yes, it would...
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.54M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.2¢ | $5.9K | 491.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 12272711 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 4964014 | 9 |
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| Last trade - 10.06am 19/07/2024 (20 minute delay) ? |
| OEL (ASX) Chart |