Makes sense to get the $400k now rather than waiting for the assay results. They can progress with the drilling campaign and then if assay results are good the shortfall of $600k should get filled. Directors will also have an option to buy up the shortfall shares cheaply in the next 3 months.
Ann: Results of Entitlement Offer, page-3
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Last
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Change
0.001(25.0%) |
Mkt cap ! $2.108M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $500 | 100K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4064211 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 1936077 | 5 |
View Market Depth
| Last trade - 10.07am 04/06/2024 (20 minute delay) ? |
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Last
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Change
0.001 ( 25.0 %) |
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| Open | High | Low | Volume | ||
| 0.5¢ | 0.5¢ | 0.5¢ | 144215 | ||
| Last updated 10.36am 04/06/2024 ? | |||||
| PKO (ASX) Chart |