Newregime
Some interesting comments in this.
But I have a lingering question re 100% of Derby. How are they going to fund it? Backreef's deal with Buru is for cash ($3.8m I recall) and that is money that OBL does not have.
The reality is that they are capped at $18m, have taken over a week to complete a 10% (15%?) placement, which will not give them enough cash to pre-empt the deal.
Its fine to talk about buying the asset, but the reality is that it may be a bridge too far.
Your thoughts appreciated.
I dont currently own OBL shares, but may buy the weakness that I expect with the announcement of cap raising. (2.5 cents????)
DYOR
Al
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Last
1.8¢ |
Change
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Mkt cap ! $8.149M |
Open | High | Low | Value | Volume |
1.8¢ | 1.8¢ | 1.8¢ | $3.6K | 200K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 2037775 | 1.7¢ |
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Price($) | Vol. | No. |
---|---|---|
1.8¢ | 72213 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 2037775 | 0.017 |
7 | 5606250 | 0.016 |
3 | 1707771 | 0.015 |
2 | 1244032 | 0.014 |
2 | 541615 | 0.013 |
Price($) | Vol. | No. |
---|---|---|
0.018 | 72213 | 1 |
0.019 | 669083 | 3 |
0.020 | 150000 | 1 |
0.021 | 229273 | 1 |
0.024 | 200000 | 1 |
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